2021/2022
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 |
- René Taudal Poulsen - Department of Strategy and Innovation
(SI)
|
| Co-teacher is Stig
Tenold, NHH |
| Main academic
disciplines |
|
|
| Teaching
methods |
|
|
|
Last updated on
29-06-2021
|
| 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 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-point grading 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
At the oral exam, students shall discuss one topic and one
question, both of which will be related to the course syllabus.
Students have approximately 20 minutes in the invigilation room to
prepare for the oral exam.
Before the examiner admits students into the invigilation room,
he/she will ask students to randomly select two pieces of papers.
The first piece of paper will contain a unique exam question, and
the second piece of paper will list five exam topics. From the list
of topics, students may freely select one topic to focus at the
oral exam.
|
|
| Course content, structure and pedagogical
approach |
|
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
|
| Description of the 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.
Quizz and several Panaopto videos regarding key course concepts
will be used. |
| Feedback during the teaching period |
| Voluntary: Students will submit two written home
assignments and receive oral and written feedback in class. The
first assignment, which will be a group assignment (2-4 students),
The second one, which will be individual, |
| Student workload |
| Lectures on campus |
31 hours |
| lectures online |
11 hours |
| Exam+ preparation |
37 hours |
| course Preparation |
140 hours |
|
| Expected literature |
|
Stopford, Martin (2009), Maritime Economics, 3rd edition,
London, Routledge
|
Last updated on
29-06-2021
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