COURSE UNIT TITLE

: MARITIME ECONOMICS II

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

PROFESSOR DOCTOR SADIK ÖZLEN BAŞER

Offered to

Maritime Business Administration
Maritime Business Administration (Evening)

Course Objective

This course is a complementary to Maritime economics I. It aims to explain what factors influence ship design Is it possible to make reliable forecasts

Learning Outcomes of the Course Unit

1   To gain the ability to analyze the World trade pattern
2   To learn the steps necessary in modeling the economics of ship design
3   To understand the difference with maritime forecasting and market research
4   To gain the ability to appraisal investment in shipping
5   To comprehend the economics of liner and bulk shipping

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 The theory and practice of index numbers
3 The global pattern of maritime trade
4 Investment appraisal in shipping
5 Bulk cargo and the economics of bulk shipping
6 The general cargo and the economics of liner shipping
7 Midterm exam I
8 Liner freight rates
9 The economics of ships and ship design
10 The regulatory framework of maritime economics
11 The economics of shipbuilding
12 The economics of scrapping
13 Maritime forecasting and market research
14 Forecasting methodologies and problems

Recomended or Required Reading

Maritime Economics, Martin Stopford, 3rd Edition, London, Routledge, 2009.

International Ocean Shipping: Current Concepts and Principles, B. J. Abrahamsson, Boulder, Col., Westview Press, 1980
Economics of Maritime Transport, James McConville, London, Witherby Publishers, 1999
Shipping, Tor Wergeland and Niko Wijnolst, Delft, Delft University Press, 1997
Quantative Methods in Maritime Economics, John Evans and Peter Marlow, 2nd Edition, London, Fairplay Publications, 1990

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

To be announced.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Preparations before/after weekly lectures 12 4 48
Preparation for midterm exam 2 10 20
Preparation for final exam 1 15 15
Midterm 2 2 4
Final 1 2 2
TOTAL WORKLOAD (hours) 125

Contribution of Learning Outcomes to Programme Outcomes

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