COURSE UNIT TITLE

: ADVANCED MARITIME ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
DIY 6091 ADVANCED MARITIME ECONOMICS ELECTIVE 3 0 0 6

Offered By

Maritime Business Administration (English)

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR DOCTOR SADIK ÖZLEN BAŞER

Offered to

Maritime Business Administration (English)

Course Objective

The course aims to examine economics in shipping.

Learning Outcomes of the Course Unit

1   To be able to understand advanced Economic analysis of the shipping companies
2   To be able to analyze the maritime trade s economic pattern
3   To be able to understand the importance of the economy in maritime trade
4   To be able to apply the core economic decisions on the shipping and logistics companies by using advanced economics techniques
5   To be able to gain the skill of economic analysis methods

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction to Risk Management and Derivatives
2 Introduction to Shipping Markets
3 Statistical Tools for Risk Analysis and Modelling
4 Freight Market Information
5 Forward Freight Information
6 Forward Freight Agreements
7 Midterm Exam
8 Technical Analysis and Freight Trading Strategies
9 Options on Freight Rates
10 Pricing and Risk Management Option Positions
11 Value-at-Risk in Shipping and Freight Risk Management
12 Bunker Risk Analysis and Risk Management
13 Financial and Interest Rate Risk In Shipping
14 Credit Risk Measurement and Management In Shipping Ship Price Risk and Risk Management. Real Options and Optionalities In Shipping

Recomended or Required Reading

Recomended or Required Reading
Fundamental national and international economics literature, academic books, journals and other publications in the economics, international transport and maritime economics areas.

Planned Learning Activities and Teaching Methods

Literature survey, case studies, presentation, homework

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.20 + STT * 0.30 + FIN* 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.20 + STT * 0.30 + RST* 0.50


*** 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)

PROFESSOR DOCTOR SADIK ÖZLEN BAŞER
ozlen.baser@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Preparations before/after weekly lectures 13 2 26
Preparation for midterm exam 1 20 20
Preparation for final exam 1 20 20
Preparing assignments 1 20 20
Preparing presentations 1 20 20
Final 1 3 3
Midterm 1 2 2
TOTAL WORKLOAD (hours) 150

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13
LO.15433453445334
LO.24544534355443
LO.35334334434335
LO.45454544554555
LO.54453443344434