CL419: Process Economics 2019-2020 Session [2 2 0 4] (half semester course)

Welcome to this course. Please go through the contents of this page carefully.

Course Instructors
Prof. Ranjan Kumar Malik
Prof. Leja Hattiangadi

Teaching Assistants
Dr. Chitrita Kondu, Post Doctoral Research Fellow
Mr. Rajesh Kannan, Research Scholar (Ph.D. Program)
Ms. Prachee Prabhutendolkar, (M.Tech. Program)

Time Table
6A - Wed. - LC 102(Class Room: LC 102) - 11:05:00 - 12:30:00
X2 - Wed. - LC 002(Class Room: LC 002) - 15:00:00 - 16:00:00
6B - Fri. - LC 102(Class Room: LC 102) - 11:05:00 - 12:30:00
Please note: All the above three slots are interchangeably used for lectures and tutorials.

Attendance and Class Participation

As the Venue LC 102 & LC 002 - Class Rooms are biometrically enabled, the attendance is strictly by
biometrics. No manual attendance request is entertained during the semester. 100% Class Participation is
expected from each student. Concessions are granted only for medical reasons as per rules. DX grade is
applicable as per rules.

Course Contents (As per The Courses of Study Bulletin)

Essentials of Process Economics: Time value of money, Simple and compound interest, Capital Cost
Estimation, Location and Inflation corrections, Capacity exponents of major equipment, Annualized Capital
Cost and Capitalized annual cost, Least Annual Cost, Amortization, Depreciation and taxes, Profitability
Chart, Return on investment, Payback Period.

Texts/References
1. W.D. Seider and J.D. Seader, Product and Process Design Principles: Synthesis, Analysis and Evaluation,
2nd ed., John Wiley, 2004 (or Later Editions)
2. M.S. Peters and K.D. Timmerhaus, Plant Design and Economics for Chemical Engineers, McGraw Hill,
1991(or Later Editions).

Evaluation
1. Mid-term examination weight 30%
2. End-term examination weight 50%
3. Quizzes, Mini-Projects weight 20%

The Mid-term examination will be conducted after four weeks of instruction. The End-term examination
will be conducted during the End-semester-examination period of Autumn Semester.

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