ECONOMICS | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
LAW3005 | Maritime Economics | Spring | 0 | 2 | 1 | 4 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Non-Departmental Elective |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Face to face |
Course Coordinator : | Prof. Dr. ERTAN DEMİRKAPI |
Course Lecturer(s): |
Instructor İLKER KADRİ BAŞARAN Prof. Dr. AYŞE NUHOĞLU |
Course Objectives: | Almost 90 percent of the world transportation is conducted through marine transportation. Therefore, shipping is vital for the sustainability of the world. But most of us have very little knowledge about the sector. With this course, we will get into details of the Shipping sector, its socio-economic structure and impac on world economy. |
The students who have succeeded in this course; The students who have succeeded in this course; 1) will have general knowledge about the most important sector in internationl transportation 2) will know the historical development of the shipping 3) will know the shipping actors in world stage 4) will know the financial aspect of this vital sector 5) will know the financial impact this sector has in world economy 6) will know the share that the Turkey has in this sector |
The role of the shipping in the international transportation, the players of this sector, financial dimensions of the ship, competition between states and the situation of our country. |
Week | Subject | Related Preparation |
1) | Introduction to the Marine Transportation and Historical Development. | |
2) | The Organisation of the Shipping Market | |
3) | Shipping Market Cycles | |
4) | Supply, Demand and Freight Rates | |
5) | Financing Ships and Shipping Market | |
6) | Risk, Return and Shipping Company Economics | |
7) | The Transport of Specialized Cargo | |
8) | Midterm | |
9) | The Transport of General Cargo | |
10) | The Economics of Ship Building and Scrapping | |
11) | The Regulatoin of the Maritime Industry | |
12) | Maritime Forcasting and Market Research | |
13) | Geography of Maritime Trade | |
14) | General View of the Turkish Maritine Industry |
Course Notes / Textbooks: | Ana kaynak: Martin Stopford, Denizcilik Ekonomisi 3. baski. Maritin Stopford, Maritime Eonomics. |
References: | Ders notları Additional course materials. |
Semester Requirements | Number of Activities | Level of Contribution |
Midterms | 1 | % 40 |
Final | 1 | % 60 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 40 | |
PERCENTAGE OF FINAL WORK | % 60 | |
Total | % 100 |
Activities | Number of Activities | Duration (Hours) | Workload |
Course Hours | 13 | 2 | 26 |
Study Hours Out of Class | 13 | 5 | 65 |
Midterms | 1 | 2 | 2 |
Final | 1 | 2 | 2 |
Total Workload | 95 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | As a world citizen, she is aware of global economic, political, social and ecological developments and trends. | |
2) | He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. | |
3) | Absorbs basic economic principles and analysis methods and uses them to evaluate daily events. | |
4) | Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders. | |
5) | Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. | |
6) | Comprehends new ways of doing business using digital technologies. and new market structures. | |
7) | Takes critical approach to economic and social problems and develops analytical solutions. | |
8) | Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. | |
9) | In the works he/she contributes, observes individual and social welfare together and with an ethical perspective. | |
10) | Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines. | |
11) | Generates original and innovative ideas in the works she/he contributes as part of a team. |