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Engineering Economics holds particular importance in the undergraduate Agricultural Economics program. It explores methods and tools that enhance economic processes and improve efficiency and productivity in the use of water, soil, capital, and labor resources across various sub-sectors of agriculture and natural resources. In this course, students become familiar with analyzing and optimizing systems, modeling economic decision-making, and evaluating projects aimed at the optimal management of resources. |
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The general objective of the Engineering Economics course is to provide the knowledge and tools necessary for analyzing, planning, and optimizing economic processes in the use of limited resources (such as water, soil, capital, and labor). This course helps students use quantitative methods and decision-making models to propose effective solutions for improving efficiency and productivity in various sectors of agriculture and natural resources. Additionally, students learn how to evaluate economic plans and projects and select the best options for optimal resource management. Ultimately, this course strengthens the connection between economic and engineering concepts to address real-world problems and enhance production processes and resource allocation. |
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The core competencies of the Engineering Economics course include the skills and knowledge that students need to acquire in order to understand and analyze economic issues in the fields of engineering and agriculture. These competencies typically include the following:
Fundamentals of Applied Mathematics
Analysis and Systems Thinking
Basics of Applied Economics
Skill Development in Specialized Software |
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In summary, the overall objective of the Engineering Economics course is to empower students and train specialists who can combine engineering and economic knowledge to contribute to improving processes, reducing costs, and increasing profitability in various projects and systems by making optimal economic decisions. Additionally, analyzing complex problems and selecting solutions that are both technically feasible and economically viable are among the other key goals of this course. |
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Problem-based
Lecture-based
Question and Answer-based
Group discussion
Project-based |
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Regular attendance in class
Participation in discussions
Completion of practical projects |
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1-Engineering Economics, Dr. Gholamreza Soltani (1989) - Shiraz University Press
2-Economic Analysis of Agricultural Plans, translated by Majid Kopahi (1990), Tehran University Press.
3-Evaluation of Economic Plans, Zahedi and Moalemi (1990), Tehran University Press.
4-Preparation and Evaluation of Agricultural Plans (Agricultural Economics), Seyed Ali Nasimi, Mahmoud Khalili, Mohsen Shokat-Fadaei (1990), Payam Noor University
5-John Vail Farr, Isaac J. Faber)(2023). Engineering Economics of Life Cycle Cost Analysis- CRC Pres
6- Proctor, K. S. (2009). Building financial models with Microsoft Excel: A guide for business professionals (Vol. 532). John Wiley and Sons. |
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-PowerPoint Presentation
-Computer Lab |
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-Regular class attendance and participation in class discussions 10%
-Quiz, projects and classwork 15%
-Midterm exam 15%
-Final exam 60% |