Chemical Engineering Economics detailed Syllabus for Chemical Engineering (CH), K scheme PDF has been taken from the MSBTE official website and presented for the diploma students. For Subject Code, Subject Name, Lectures, Tutorial, Practical/Drawing, Credits, Theory (Max & Min) Marks, Practical (Max & Min) Marks, Total Marks, and other information, do visit full semester subjects post given below.
For all other MSBTE Chemical Engineering 5th Sem K Scheme Syllabus PDF, do visit MSBTE Chemical Engineering 5th Sem K Scheme Syllabus PDF Subjects. The detailed Syllabus for chemical engineering economics is as follows.
Rationale
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Course Outcomes:
Students will be able to achieve & demonstrate the following COs on completion of course based learning
- Prepare layout of chemical industry using principles and factors of plant location and layout
- Plan to evaluate feasibility of project using concept of cost
- Calculate interest on investment in project
- Interpret depreciation for different assets
- Apply concept of taxes, insurance and profitability on project
Unit I
Plant Location & Layout 1.1 Factors to be considered for selecting plant location: Primary factors and specific factors 1.2 Plant layout: Definition, factors considered in planning layout 1.3 Principles of plant layout 1.4 Methods of layout planning: Unit areas concept, two-dimensional layout, scale models 1.5 Factors to be considered, economic point of view for selecting plant location and layout as a sample (This point to be covered after completion of all units)
Suggested Learning Pedagogie
Lecture Using Chalk-Board Presentations
Unit II
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Unit III
Elements of Economics and Interest 3.1 Basic terms in economics: Income, investment, reserve, assets and liabilities, utility, market, money trade cycle, profit, price 3.2 Simple interest, ordinary and exact interest, simple numerical 3.3 Compound interest, simple numerical 3.4 Nominal and effective interest rates, simple numerical
Suggested Learning Pedagogie
Lecture Using Chalk-Board Presentations
Unit IV
Depreciation 4.1 Types of depreciation: Physical depreciation and functional depreciation 4.2 Depletion and cost for maintenance and repairs 4.3 Service life and estimated life of manufacturing equipment 4.4 Numerical Methods for determining depreciations: Straight line method, fixed percentage method
Suggested Learning Pedagogie
Lecture Using Chalk-Board Presentations
Unit V
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Self Learning
Self Learning
- Draw tree diagram (use AUTOCAD/any suitable software) showing cash flow for industrial operation.
- Prepare report on costing of suggested project.
- Visit textile / sugar/ chemical / dairy / pharmaceutical / fertilizer/ paper industry and prepare a report on different taxes applicable to concern industry.
- Visit to nearby chemical industry and prepare report on depreciation of equipment.
- Visit to nearby chemical industry and prepare report on economics of plant layout.
Learning Materials
- Max S. Peters Klaus D. Timmerhaus Plant Design & Economics for Chemical Engineers McGraw-Hill, ISBN: 9780072392661, 0072392665
- Donald E. Garrett Chemical Engineering Economics Springer, ISBN: 9789401165440, 9401165440
- T. R. Banga, S. C. Sharma Industrial Organisation and Engineering Economics Khanna, ISBN: 978-81-7409-078-2
- Thane Brown Engineering Economics and Economic Design for Process Engineers CRC Press, ISBN: 9781420008104, 1420008102
- James R. Couper Process Engineering Economics CRC Press, ISBN: 9780203911396, 0203911393
Learning Websites
For the complete Syllabus, results, class timetable, and many other features kindly download the iStudy App
It is a lightweight, easy to use, no images, and no pdfs platform to make students’s lives easier..
For detail Syllabus of all other subjects of Chemical Engineering, K scheme do visit Chemical Engineering 5th Sem Syllabus for K scheme.
For all Chemical Engineering results, visit MSBTE Chemical Engineering all semester results direct links.