ECONOMICS AND FINANCE | |||||
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 Fall |
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) | Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. | 3 |
2) | Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. | 2 |
3) | Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. | 1 |
4) | Analyze the interventions of politics to the economics and vice versa. | 3 |
5) | Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. | 2 |
6) | Understand current and new economic events and how the new approaches to the economics are formed and evaluating. | 2 |
7) | Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. | 3 |
8) | Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. | 2 |
9) | Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. | 2 |
10) | Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. | 3 |