COURSE UNIT TITLE

: MARITIME ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MTE 4143 MARITIME ECONOMICS ELECTIVE 2 0 0 2

Offered By

Marine Transportation Engineering (English)

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR BURAK KÖSEOĞLU

Offered to

Marine Transportation Engineering (English)

Course Objective

Grasping the economic importance of maritime transportation. Acquiring the basic concepts and knowledge about maritime economics. Economic approach to understanding and analyzing maritime transport. Acquiring competencies in demonstrating analytic approach in solving the problems to be encountered in the applications in the related fields

Learning Outcomes of the Course Unit

1   Understanding the economic approach to maritime transportation
2   Analysis of marine transport environment by economic approach.
3   Understanding and application of the guidelines for economic policies.
4   Grasping the fundamentals of economic analysis in maritime
5   Concluding, managing and communicating the problems arising in the transportation business environment of the international maritime markets.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction, International maritime transport environment
2 Macroeconomics Microeconomics, Economic Systems
3 Scarcity - Choice, Supply and Demand
4 Market Demand and Elasticity
5 Input Decisions, Cost and benefit analysis
6 Output and price decisions
7 Mid-Term Exam
8 Market structure, characteristics of maritime transportation markets
9 Inflation - Unemployment
10 Fiscal and Monetary Policy impact
11 International Trade and Advantages
12 Transport modes, Factors on mode choice
13 Unitization, standardization and integration in transportation
14 Review
15 Final Exam

Recomended or Required Reading

-Lecture Notes, ppt. Presentations
-Baumol and Blinder. Economics: Principles. 1996
-Stopford, Martin. Maritime Economics. Routledge, UK. 1997
-Talley, Wayne K.. Port Economics, Routledge, UK. 2009

Planned Learning Activities and Teaching Methods

Literature review , Presentation and discussion , Case studies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FCG FINAL COURSE GRADE
4 FCGR FINAL COURSE GRADE (RESIT) MD * 0.30 + STT * 0.30 + FN * 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MD * 0.30 + STT * 0.30 + RST * 0.40


Further Notes About Assessment Methods

None

Assessment Criteria

1. Having the knowledge, skills, and competencies in maritime economics at undergraduate level.
2. Ability to search, study, and interprete the matters
3. Verbal and written skills and competencies will be assessed.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

Assist.Prof. Dr. Cpt. Burak Köseoğlu
burak.koseoglu@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 2 26
Preparations before/after weekly lectures 13 1 13
Preparation for midterm exam 1 3 3
Preparation for final exam 1 5 5
Preparing assignments 1 3 3
Preparing presentations 1 1 1
Final 1 1 1
Midterm 1 1 1
TOTAL WORKLOAD (hours) 53

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15PO.16PO.17
LO.1355
LO.23535
LO.3355
LO.43355
LO.533535

CONTACT INFORMATION
Dokuz Eylül Üniversitesi Cumhuriyet Bulvarı No: 144 35210 Alsancak / İZMİR
Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

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