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
Learning and Teaching Strategies .
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 An ability to apply advanced knowledge of computing and/or informatics to solve software engineering problems.
2 Develop solutions using different technologies, software architectures and life-cycle approaches.
3 An ability to design, implement and evaluate a software system, component, process or program by using modern techniques and engineering tools required for software engineering practices.
4 An ability to gather/acquire, analyze, interpret data and make decisions to understand software requirements.
5 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 An ability to access information in order to follow recent developments in science and technology and to perform scientific research or implement a project in the software engineering domain.
7 An understanding of professional, legal, ethical and social issues and responsibilities related to Software Engineering.
8 Skills in project and risk management, awareness about importance of entrepreneurship, innovation and long-term development, and recognition of international standards of excellence for software engineering practices standards and methodologies. X
9 An understanding about the impact of Software Engineering solutions in a global, environmental, societal and legal context while making decisions.
10 Promote the development, adoption and sustained use of standards of excellence for 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