MINE 1725 Mining Economics

This course is an introduction to basic economic and financial principles used in mining. Using case studies from surface mining business models, students evaluate financial goals, recommend and implement continuous improvement strategies, and evaluate project effectiveness using fixed and variable costs. Students compare preventive and reactive cost control methods for business operations affecting equipment maintenance and production down time. This course explores sustainable business strategies as applicable to the surface mining industry.
Date:
2014-11-01
Primary Material Type:
Online Course
Other Material Types:
Hybrid/Blended Course
Institution:
Northern Wyoming Community College
Project Name:
Wyoming Community College Coalition: Preparing supervisors, managers and entrepreneurs today for tomorrow’s economy
TAACCCT Round:
1
Subjects:
Mining Economics, Extraction Industry Economics

Industry / Occupation

Industry Partner:
Cloud Peak
Industry Sector:
Mining, Quarrying, and Oil and Gas Extraction -- Mining (except Oil and Gas) -- Coal Mining (2121)
Occupation:
Construction and Extraction Occupations -- First-Line Supervisors/Managers of Construction Trades and Extraction Workers (47-1011)

Education / Instructional Information

Instructional Program:
Technology Education/Industrial Arts (21)
Credit Type:
  • Credit
Credential Type:
  • Associate Degree
Educational Level of Materials:
  • 2nd Year Community College or equivalent
Time Required:
This course is designed for 3 credit hours and can be deliverd in a 9 week block.
Language:
English (United States)
Interactivity Type:
Mix of Active and Presentation.
Quality Rubric:
Other
Quality Note:
This course was reviewed by the Dean of the academic area, the instructional designer, and the Director of Distance Learning.
Quality of Subject Matter was assured by:
  • Consultations during development of instructional materials
  • Participation as an ongoing member of team developing the instructional materials
  • Conducting an evaluation of the instructional materials and providing a report
  • Using an approved rubric to conduct the evaluation of the instructional materials and providing a report
Quality of Online/Hybrid Course Design assured by:
  • Industry Standard Quality Rubric; Custom Quality Rubric
  • Custom Quality Rubric
  • Expertise of Project's Instructional Designers
Course Note:
This is a course in the Mining Technology AAS program

Accessibility

Accessibility Features:
  • Text Access - Text to Speech
  • Text Adjust - Compatible
  • Text Adjustment - Adjust Font and Colors
  • Reading Layout - Reflow the Text
  • Reading Layout - Page numbers match printed material
  • Reading Layout - Reflow the Text
  • Reading Order - Digital resource layout
  • Structural Markup - Navigation Text
  • Structural Markup - Lists
  • Structural Markup - eReader application
  • Table Markup
  • Hyperlinks Rendered As Active
  • Contrast Ratio of at Least 4.5:1.
  • Language - Markup
  • Language - Passage Markup
  • Non-Decorative Images Have Alt Text
  • Synchronized Text Track
  • Audio/Video Delivered Via Media Player
  • Non Flickering Content
  • STEM Content (e.g. Mathematics, Chemistry) Markup
  • STEM - Notation markup
  • Interactive - Keyboard
  • Interactive - Markup
  • Interactive - Text prompts

Copyright / Licensing

Copyright Owner:
NWCCD
Primary License:
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Additional License(s):