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2020/2021  BA-BISHV1001U  Commodity Trade Flows and Shipping

English Title
Commodity Trade Flows and Shipping

Course information
Language English
Course ECTS 7.5 ECTS
Type Elective
Level Bachelor
Duration One Quarter
Start time of the course First Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 100
Study board
Study Board for BSc in International Shipping and Trade
Course coordinator
  • Martin Jes Iversen - Department of Strategy and Innovation (SI)
Jesper Buhl
Main academic disciplines
  • Globalisation and international business
  • Economics
Teaching methods
  • Face-to-face teaching
Last updated on 02-07-2020

Relevant links
Learning objectives
  • Understand the general dynamics of the commodity industry and its relation to the shipping industry
  • Explain the general assumptions behind the main international trade models and understand how national fiscal policy, trade policy and monetary policy influence the international commodity trade dynamics
  • Illustrate this understanding with empirical examples from cases
  • Apply the analytical tools from the syllabus to recognize and analyse the commercial shipping related risks and opportunities from trade flows developments
Examination
Commodity Trade Flows and Shipping:
Exam ECTS 7,5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance.
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Project
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and external examiner
Exam period Winter
Make-up exam/re-exam Home assignment - written product
Size of written product: Max. 10 pages
Assignment type: Project
Duration: Written product to be submitted on specified date and time.
Description of the exam procedure

By November the students are expected to:
• Hand in a brief report (max. 10 pages) about the case applied answering the following questions:
o Give a short introduction to the case examined
o Describe the data and statistical methods
o Provide data based analysis of the case
o Recommendation for commercial decisions/positioning
A brief presentation and discussion of the report forms the basis for the examination.
Course content, structure and pedagogical approach

This course covers the structure of the international trade in commodities and its relation to international bulk shipping. The first half will address the commercial, economic and political basis for the international trade in commodities and the key parameters that determine energy, metal and agricultural commodity exports and imports flows from the production region to the consumption region.

 

Drawing on this knowledge, the second half will look at various case studies and analyse the key factors for commodity trade flows and their relation to shipping operators’ short and long term commercial and strategical positioning decisions.

 

The course aims to develop the students’ knowledge of international trade in commodities by bridging the theoretical learning from the course on Introduction to Maritime Economics, Statistics and Risk Management with practical cases. Based on these prerequisites the course will include student presentations and classroom discussions in relation to the four main themes: (1) International trade and policy implications, (2) Commodity trade and shipping, (3) Commodity trade flows, (4) Commercial positioning. This will be combined with lecturers and discussions of the literature.
Description of the teaching methods
Lectures, student presentations and group work. Active student participation is expected
Feedback during the teaching period
will be given in class for presentations and after the oral examination.
Student workload
class 36 hours
preparation for class 90 hours
presentataion 30 hours
preparation for presentation 30 hours
exam and exam preparation 60 hours
Last updated on 02-07-2020