IE494 SPECIAL TOPICS IN INDUSTRY ANALYSIS
| Course Code: | 5680494 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 5.0 |
| Department: | Industrial Engineering |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Prof.Dr. ZEYNEP PELİN BAYINDIR |
| Offered Semester: | Once in several years. |
Course Objectives
At the end of the course, the students will be able to
- Learn macroeconomic essentials within an industry-oriented framework.
- Understand key macro indicators such as population, income, employment and distribution and their relationship to industrial activity.
- Understand how government impacts upon industrial activity through policies and regulations.
- Learn classification schemes of economic activity.
- Learn long-term trends in major sectors.
- Learn key production, employment and productivity indicators for manufacturing industry.
- Learn about major industry information sources such as magazines, trade publications and newspapers.
- Conduct analysis of selected industries.
- Understand broadly the historical evolution and probable future developments in industrial activity.
Course Content
Macroeconomic framework of industrial activity. Key macro indicators. Classification schemes for economic activity. Long-term trends in major sectors. Surveys and censuses for industrial activity. Key industry indicators. Sources for monitoring developments in industries. Analysis of selected industries. Brief remarks on history and future of industry. Knowledge of principles of economics and statistics is required.
Course Learning Outcomes
Program Outcomes Matrix
| Contribution | |||||
| # | Program Outcomes | No | Yes | ||
| 1 | An ability to identify, formulate, and solve complex engineering problems by applying principles of engineering, science, and mathematics | ✔ | |||
| 2 | An ability to apply engineering design to produce solutions that meet specified needs with consideration of public health, safety, and welfare, as well as global, cultural, social, environmental, and economic factors | ✔ | |||
| 3 | An ability to communicate effectively with a range of audiences | ✔ | |||
| 4 | An ability to recognize ethical and professional responsibilities in engineering situations and make informed judgments, which must consider the impact of engineering solutions in global, economic, environmental, and societal contexts | ✔ | |||
| 5 | An ability to function effectively on a team whose members together provide leadership, create a collaborative and inclusive environment, establish goals, plan tasks, and meet objectives | ✔ | |||
| 6 | An ability to develop and conduct appropriate experimentation, analyze and interpret data, and use engineering judgment to draw conclusions | ✔ | |||
| 7 | An ability to acquire and apply new knowledge as needed, using appropriate learning strategies | ✔ | |||
| 8 | An ability to design, analyze, operate, and improve integrated systems that produce and/or supply products and/or services in an effective, efficient, sustainable, and socially responsible manner | ✔ | |||
| 9 | An ability to apply critical reason and systems thinking in problem solving and systems design | ✔ | |||
| 10 | An ability to use scientific methods and tools (such as mathematical models, statistical methods and techniques) necessary for industrial engineering practice | ✔ | |||