2017/2018
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 |
| Start time of the course |
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 |
|
|
| Co-teacher is Stig
Tenold, NHH |
| Main academic
disciplines |
|
|
|
Last updated on
14-12-2017
|
| Learning objectives |
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors: 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 exam |
| Duration |
20 min. per student, including examiners'
discussion of grade, and informing plus explaining the
grade |
| Preparation time |
With the listed preparation time: 20
Minutes |
| Grading scale |
7-step scale |
| Examiner(s) |
Internal examiner and external examiner |
| Exam period |
Autumn |
| Aids |
Closed book
The student is only
allowed to bring simple writing and drawing utensils (non-digital)
to the preparation room. Students are not allowed to communicate
with others during the preparation time. |
| 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. |
| Feedback during the teaching period |
| Feedbacks will be given at the oral examination
and in class for the group work |
| 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
14-12-2017
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