COURSE UNIT TITLE

: MARITIME ECONOMICS II

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MBA 3004 MARITIME ECONOMICS II COMPULSORY 3 0 0 5

Offered By

Maritime Business Administration

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR ABDULLAH AÇIK

Offered to

Maritime Business Administration
Maritime Business Administration (Evening)

Course Objective

The aim of the course is to enable students to learn deeper information related to the maritime economics, to make statistical analysis related to the markets, and to read and understand maritime economics related research papers.

Learning Outcomes of the Course Unit

1   To understand the factors affecting the development of global maritime trade and to foresee its future situation
2   Understanding the effects of competition and specialization in maritime markets
3   Understanding the factors that influence optimizing ship speed and capacity
4   Making economic evaluations on ship finance and risk issues
5   Improve decision-making skills by using statistical analyzes with data obtained from the market

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 The Economic Principles of Maritime Trade
2 Competition
3 Freight Cycles
4 Productivty and Structure Changes
5 Specialization
6 Optimization of Ship's Carrying Capacity
7 Optimization of Ship's Speed
8 Time in Port, Maintenance, and Loading Factor
9 Ship Finance and The Economics of Risk
10 Economics of Port Services
11 Future of Seaborne Trade
12 Econometric Analysis in Maritime Economics-1
13 Econometric Analysis in Maritime Economics-2
14 Homework Presentations

Recomended or Required Reading

Maritime Economics, Martin Stopford, 3rd Edition, London, Routledge, 2009.
Economics of Maritime Business, Shuo Ma, 1st Edition, Routledge, 2020.
Port Economics, Management and Policy, Theo Notteboom, Athanasios Pallis, and Jean-Paul Rodrigue, 1st Edition, Routledge, 2022.

Planned Learning Activities and Teaching Methods

Cooperative and active teaching and learning strategies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 ASG ASSIGNMENT
3 FINS FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + ASG * 0.10 + FINS * 0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + ASG * 0.10 + RST * 0.60


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

Midterm, Final, Homework and Attendance to Lecture

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

Assoc. Prof. Dr. Abdullah AÇIK
abdullah.acik@deu.edu.tr

Office Hours

Tuesday, 13.00-14.00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 14 3 42
Preparation for midterm exam 2 12 24
Preparation for final exam 1 15 15
Midterm 2 1 2
Final 1 1 1
TOTAL WORKLOAD (hours) 126

Contribution of Learning Outcomes to Programme Outcomes

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LO.133333335
LO.233333353
LO.333333533
LO.43533333
LO.5353333

CONTACT INFORMATION
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Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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