Republic of the Philippines

BATANGAS STATE UNIVERSITY

Pablo Borbon Campus II
Alangilan, Batangas City

COLLEGE OF ENGINEERING, ARCHITECTURE& FINE ARTS

Chemical and Food Engineering Department

COURSE SPECIFICATIONS

UNIVERSITY VISION
A globally recognized institution of higher learning that develops competent and morally upright
citizens who are active participants in nation building and responsive to the challenges of the 21 st
century.

UNIVERSITY MISSION
Batangas State University is committed to the holistic development of future leaders by
providing a conducive learning environment for the generation, dissemination and utilization of
knowledge through innovative education, multidisciplinary research collaborations, and
community partnerships that would nurture the spirit of nationhood and help fuel national
economy for sustainable development.

Course Title: Engineering Economics Course Code: IE 308

Pre-requisites: 3rd year standing Credit Units: 3
Instructor: Rodolfo C. Sotto Jr. Year Level: 3rd
Email: rcsotto1@up.edu.ph Semester: mid-term
Academic Year: 2016-2017
Schedule: M 2:00-6:00, Th 7:00-12:00 Mobile No.: +639178971635
Office: (043) 300 4404 local 116 Room: Rm 401

BS FE PROGRAM EDUCATIONAL OBJECTIVES

The alumni three to five years after graduation shall:

1. Be at the forefront of advancing technology in line with food and shall have
knowledge and skills on process design, process modelling, simulation and
control, cleaning of food process plant; designing of cost-effective food process
machinery, developing of food products and value-added food products, and
developing of new technologies on thermal and non-thermal processing of foods.

2. Develop new post-harvest processing industry machinery for the production and
harvesting of raw materials for food and drinks with the application of precision
technology.

3. Develop new processing techniques and methods, efficient system and equipment
to process, handle and package foodstuff to ensure quality and safety of products.

4. Ensure the safest and most environmentally friendly ways of processing,

packaging, preserving and storing foods for distribution.

PHILOSOPHY

Engineering Economics is the application of economic techniques to the evaluation of

engineering projects, design, and alternatives. Its role is to assess the appropriateness of a given
project, estimate its value, and justify it from engineering standpoint.

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 A thorough understanding of the course will provide the students with the principles,
basic concepts, and methodology of engineering economy important in solving problems that
occur in personal, business, corporate and government situations.

AUDIENCE

This course is intended for 3rd year Food and Chemical Engineering students.

INTENDED LEARNING OUTCOMES

The following are the learning outcomes that will be acquired by the students after finishing the
course:

ILO1 Demonstrate a clear understanding of the different principles and applications of

engineering economics.
ILO2 Discuss and illustrate the different methods of engineering economics that are important
in solving problems.
ILO3 Analyze and solve open-ended problems using the engineering economics techniques and
methods.
ILO4 Evaluate project alternatives using the principles and methodologies of engineering
economics to be able to select the economically efficient one.
ILO5 Deal with risk and uncertainty in project design outcomes by applying the basic
economic decision.

SPECIFIC OBJECTIVES

At the end of this term, the students are expected to have a thorough understanding of the
principles and applications of engineering economics. The following are expected to the students
after finishing the course:

Topics ILO1 ILO2 ILO3 ILO4 ILO5

Introduction to Engineering Economics
Interest and Money-Time Relationship
Depreciation
Capital Financing
Selections in Present Economy
Basic Methods for Making Economy
Studies
Comparing Alternatives
Fixed, Increment and Sunk Cost
Replacement Studies
Break-Even Analysis
Benefit-Cost Ratio

TEACHING, LEARNING AND ASSESSMENT STRATEGIES

Teaching and Learning Strategies

This course will be taught through a combination of formal lectures, exercises, problem
sets, group activities and various reference books.

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Assessment Strategies

Home Works
Assignment questions are provided to students to have the opportunity to use the information
provided in the lectures and textbooks and to test students degree of understanding on the
discussed topics.

Problem Sets/Exercises
In class exercises and Regular problem sets are given and are required to be solved and
submitted at a specified schedule before major exams. This will serve as a way to gain detailed
understanding of the topics preparing the students to pass the examinations.

Major Exam
Four (4) major exams, i.e. prelim, midterm, semi final and final, are given as in class exams,
closed books and closed notes to measure the students learning and understanding of the topics
discussed during a specified period. This will measure how far the students learned and master
the topics and will determine the areas that need improvement on the development of the
students knowledge with the course.

COURSE POLICIES

Attendance

Students must attend class regularly or give the instructor a reason for any absence. Total
absences shall not exceed 10% of the total hours allotted to the course. Otherwise you will be
dropped in this class. Students who came in later than 5 minutes in a one-hour class will be
marked absent (Please refer to the Student Norms and Conduct). It is your responsibility to learn
any missed topic and you are expected to be present at the specific class time.

Grading

The final grade is computed as follows:

Examinations Weight
Preliminary Examination 15%
Midterm Examination 15%
Semi-Final Examination 15%
Final Examination 15%
Quizzes 15%
Exercises 10%
Project / Lab Report 10%
Attendance 5%
Total 100%

Passing final grade is 75%.

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 The numerical equivalent of the final grade will be based on the following scale.

Numerical Grade Equivalent Numerical Grade Equivalent

1.00 98 100 2.50 80 82
1.25 94 97 2.75 78 79
1.50 90 93 3.00 75 77
1.75 88 89 -- 70 74*
2.00 85 87 5.00 Below 70
2.25 83 84 DRP Dropped
INC. Incomplete

*Students who got a computed grade of 70-74 will be given an appropriate remedial activity in
which the final grade should be either passing (3.0) or failure (5.0).

Dropping Regulations and Restrictions in the Classroom

Dropping from the course is a responsibility of the student. If you decide to stop attending the
class, submit a copy of a duly signed dropping form not later than the date set by the university
registrar. Failure to comply with this requirement would mean a grade of 5.00 (failure due to
absences) in the course, please be guided accordingly. (Please refer to the Student Norms and
Conduct)

Every student is encouraged to participate in classroom discussions, though you will not be
graded for this. You may ask some clarifying questions or add some ideas that you think would
be helpful in the discussion. This will serve as a gauge on whether the student is coping up with
the lessons or being left behind as a way to improve the way of thinking and enhance the
analytical skills of the students.

Inside the classroom, the student should behave properly so that lectures/discussions will not be
interrupted. The following will be strictly observed during the conduct of the class.

1. All cell phones and other electronic gadgets must be turned off.
2. Eating, drinking and smoking are not allowed.
3. Chatting, talking with the seatmates (except in group discussion is required by the instructor)
is prohibited.
4. Going in and out of the room without permission from the instructor.
5. Reading newspapers, magazines, pocketbooks and the like are not allowed.
6. Being excused by friends or peers from outside just for any reason is not allowed except for
emergency cases concerning family problems or administrative reasons.
7. Playing games, cards or any form of gambling is strictly prohibited.

ACADEMIC INFRASTRUCTURE

It is necessary to consult several books of the same course to gain a better insight on the lessons
we have to discuss. The following are the list of suggested titles that you may need to enhance
your understanding of the course.

1. References:
Sta. Maria, Hipolito B., Engineering Economy, 3rd Edition, Philippines: National Book Store,
2000.

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 Sullivan, et al., Engineering Economy, 12th Edition, Singapore: Prentice Hall International,
Inc., 1997.

TENTATIVE CLASS SCHEDULE

Week Topic/s Readings

Overview of the course syllabus and its relation to
the universitys vision, mission of the college and
Course Syllabus
1 its goals.
Discussion of PEO, SO and ILO
Introduction to Engineering Economy
1 1. Definition of Engineering Economy SM, pp. 1-4
2. Principles of Engineering Economy
2 Interest SM, pp. 5-55
2 Money-Time Relationship SM, pp. 5-55
2 PRELIMINARY EXAMINATION
3 Depreciation SM, pp. 56-71
3 Capital Financing SM, pp. 72-80
4 Selection in Present Economy SM, pp. 81-88
4 MIDTERM EXAMINATION
4 Basic Method for Making Economy Study SM, pp. 89-103
5 Comparing Alternatives SM, pp. 104-121
5 Fixed Increment and Sunk Cost SM, pp. 122-128
6 SEMI FINAL EXAMINATION
6 Replacement Studies SM, pp. 129-135
7 Break Even Analysis SM, pp136-144
7 Benefit / Cost Ratio SM, pp.150-154
7 FINAL EXAMINATION

Rubrics as Method of Evaluation

RUBRIC for Problem Solving (To be used for examinations / quizzes / exercises / assignment
assessment)

All problem solving will be graded according to the following rubric:

5 The answer is complete with given, required, solution and boxed final answers.
Solutions should be correct and final answers should be in the correct unit required and
rounded off to three decimal places.

3 The answer is complete with given, required, solution and boxed final answers.
Solution is correct but final answer is wrong or not rounded off to three decimal places.

1 - The answer is complete with given, required, solution and boxed final answers but the
solution and final answer is wrong.

0 No solution and final answer.

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RUBRIC for Laboratory Report / Project

Laboratory experiment reports / projects will be rated according to the following rubric:

10 - Complete with all the required entries, answered the entire guide questions correctly,
presented the data and the result in an organized way and submit it on the prescribed date
of submission.

8 - One or two required entries is undone, the answers given are correct.

6- Only half of the required entries were done

5- Complete with the required entries but the report was submitted late

4- Less than half of the required entries were done

0- There was no report submitted

Prepared by:

Engr. Rodolfo C. Sotto Jr.

Instructor I, ChE/FE Department
Date:

Reviewed by:

Engr. Mary Rose F. Persincula

Chairperson, ChE/FE Department
Date:

Approved:

Dr. Elisa D. Gutierrez

Dean, CEAFA
Date:

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