Academic Catalog


Course Code: 5630423
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 3,5
Department: Chemical Engineering
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Lecturer MEHMET EMN IIKALP
Offered Semester: Fall Semesters.
Prerequisite: Set 1: 3110210
The course set above should be completed before taking CHE423 CHEMICAL ENGINEERING ECONOMICS.

Course Content

Importance of economics in engineering, role of engineers in economics. Market and Process surveys in relation to feasibility analysis. Site selection, capital investment and production cost analysis. Interest, taxes, insurance, depreciation, profitability, alternative investments and replacements in chemical engineering.