2014/2015
BA-BISHO1001U Introduction to Maritime Economics
| English Title |
| Introduction to Maritime
Economics |
|
|
| Language |
English |
| Course ECTS |
7.5 ECTS |
| Type |
Mandatory |
| Level |
Bachelor |
| Duration |
One Quarter |
| Course period |
Autumn, First Quarter |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Study board |
Study Board for BSc in International Shipping and
Trade
|
| Course
coordinator |
- René Taudal Poulsen - Department of Innovation and
Organizational Economics (INO)
|
| Co-teacher is Stig
Tenold, NHH |
| Main academic
disciplines |
- Economics, macro economics and managerial
economics
|
|
Last updated on
17-07-2014
|
| Learning objectives |
At the end of the course students should be able
to:
- 1. Discuss how shipping is related to international trade and
how international trade affects shipping
- 2. Identify drivers of demand and supply in the main shipping
markets
- 3. Introduce theories and models from micro- and macroeconomics
to the study of shipping markets
- 4. Identify and critically assess factors which determine
business opportunities in international
shipping
|
| Examination |
|
Introduction
to Maritime Economics:
|
| Exam
ECTS |
7,5 |
| Examination form |
Oral Exam |
| Individual or group exam |
Individual |
| Duration |
20 min. per student, including examiners'
discussion of grade, and informing plus explaining the
grade |
| Preparation time |
With the listed preparation time: 40
Minutes |
| Grading scale |
7-step scale |
| Examiner(s) |
Internal examiner and external examiner |
| Exam period |
October and Autumn Term, The regular examination
will take place in October. The make-up and retake examination will
take place in January. |
| Aids allowed to bring
to the exam |
All written and electronic aids |
| Make-up exam/re-exam |
Same examination form as the ordinary exam
|
Description of the exam
procedure
The exam is based on questions prepared
by the examiner. Students draw a number and is given a set
question. In addition the student is to choose one topic from a
given list of topics. Students are to prepare two questions in
total, one randomly chosen and one of own choice.
At the oral exam the examiner and the external examiner might also
choose to ask questions relating to case group work as part of
curricula.
|
|
| Course content and structure |
The course introduces students to the economics
and management of international shipping. The overall aim of the
course is to give students knowledge about shipping markets and
shipping’s relationship to global trade.
The course focuses on recent developments and future challenges in
international shipping and introduces theories from micro- and
macroeconomics to the study of shipping markets.
The course enables students to identify and critically assess
factors which determine business opportunities in international
shipping.
Structure and key topics:
- Shipping and global trade
- The four shipping markets
- Shipping cycles and forecasting
- Economics of dry bulk shipping
- Economics of tanker shipping
- Economics of liner shipping
- Maritime finance and risk management
- Regulatory framework for international shipping
- National shipping policies
- Outsourcing and ship management
- Quality shipping
- Green shipping
|
| Teaching methods |
Lectures as well as group works.
During the course groups of students (two to four persons) will
work with shipping company cases. The groups will write an essay
based on their respective cases and present it in class. |
| Student workload |
| Lectures |
42 hours |
| Preparations |
163 hours |
| Exam |
1 hours |
|
| Expected literature |
| Stopford, Martin (2009), Maritime Economics, 3rd
edition, London, Routledge |
Last updated on
17-07-2014
Permalink