IT Economy (ISE555) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
IT Economy ISE555 Area Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language English
Course Type Elective Courses
Course Level Natural & Applied Sciences Master's Degree
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture.
Course Coordinator
Course Lecturer(s)
Course Assistants
Course Objectives The course aims at giving the student an understanding of impact of IT and new technology for evolution in modern society and enterprises. The evolution and development of society and industry will be elaborated based on different infrastructural perspectives such as, information systems, technology, economics, process and the perspective of strategizing. The course elaborates on different perspectives of economics, technology, information systems, and business economics on development and growth.
Course Learning Outcomes The students who succeeded in this course;
  • Apply financial concepts and policies into the management decision and budgeting process
  • Evaluate the financial viability of projects and activities through income statements and balance sheets
  • Attain knowledge about calculation of business activities
Course Content Basics of economics and accounting; strategic decision making; outsourcing; project evaluation techniques; IT operational budget: SaaS, pricing models; service economy; cost tracking and management; IT spending and staffing benchmarks, metrics; performance evaluation.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction Ch.1 (Tardugno, DiPasquale, Matthews)
2 IT Investment Management Framework Ch.2 (Fitzpatrick)
3 Evaluating and Selecting IT Investments Ch.3 (Fitzpatrick)
4 Evaluating and Selecting IT Investments Ch.3 (Fitzpatrick)
5 Evaluating and Selecting IT Investments Ch.3 (Fitzpatrick)
6 Buyer-Seller Relations Ch. 3 (Tardugno, DiPasquale, Matthews)
7 Buyer-Seller Relations Ch. 3 (Tardugno, DiPasquale, Matthews)
8 Resource and Cost Model Ch. 9 (Tardugno, DiPasquale, Matthews)
9 Resource and Cost Model Ch. 9 (Tardugno, DiPasquale, Matthews)
10 Resource and Cost Model Ch. 9 (Tardugno, DiPasquale, Matthews)
11 Benchmarking Ch. 10 (Tardugno, DiPasquale, Matthews)
12 Benchmarking Ch. 10 (Tardugno, DiPasquale, Matthews)
13 Measuring Success Ch. 11 (Tardugno, DiPasquale, Matthews)
14 Measuring Success Ch. 11 (Tardugno, DiPasquale, Matthews)
15 Final Examination Period Review of topics
16 Final Examination Period Review of topics

Sources

Course Book 1. Tardugno, A., DiPasquale, T., Matthews, R., IT Services: Costs, Metrics, Benchmarking and Marketing, Prentice Hall PTR, 2000.
2. Fitzpatrick, E. W., Planning and Implementing IT Portfolio Management: Maximizing the Return on Information Technology Investments, IT Economics Corp., 1. baskı, 2005.
Other Sources 3. Hefley, B. (ed.), Murphy, W. (ed.), Service Science, Management and Engineering: Education for the 21st Century, Springer, 2008.
4. Johnson, M. D., Gustafsson A., Competing in a Service Economy: How to Create a Competitive Advantage Through Service Development and Innovation, Jossey-Bass (J-B-UMBS Series), 2003.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 3 30
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 30
Final Exam/Final Jury 1 40
Toplam 5 100
Percentage of Semester Work
Percentage of Final Work 100
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Gains the ability to apply advanced computing and/or information knowledge in solving software engineering problems.
2 Develops solutions using different technologies, software architectures and life-cycle approaches.
3 Gains the ability to design, implement, and evaluate a software system, component, process, or program using modern techniques and engineering tools for software engineering practices.
4 Gains ability to gather/acquire, analyze, interpret data and make decisions to understand software requirements.
5 Gains skills of effective oral and written communication and critical thinking about a wide range of issues arising in the context of working constructively on software projects.
6 Gains the ability to access information to follow current developments in science and technology, conducts scientific research in the field of software engineering, and conducts a project.
7 Acquires an understanding of professional, legal, ethical and social issues and responsibilities related to Software Engineering.
8 Acquires project and risk management skills and gains awareness of the importance of entrepreneurship, innovation, and sustainable development, as well as international standards and methodologies. X
9 Understands the impact of Software Engineering solutions in a global, environmental, societal and legal context while making decisions.
10 Gains awareness of the development, adoption, and ongoing support for the use of excellence standards in software engineering practices.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours)
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 16 5 80
Presentation/Seminar Prepration
Project
Report
Homework Assignments 3 15 45
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 20 20
Prepration of Final Exams/Final Jury 1 30 30
Total Workload 175