2025/2026 BA-BISHO1001U Introduction to Maritime Economics
English Title | |
Introduction to Maritime Economics |
Course information |
|
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 Global Relations
|
Course coordinator | |
|
|
Main academic disciplines | |
|
|
Teaching methods | |
|
|
Last updated on 27-05-2025 |
Relevant links |
Learning objectives | ||||||||||||||||||||||||
At the end of the course students should be able
to:
|
||||||||||||||||||||||||
Examination | ||||||||||||||||||||||||
|
||||||||||||||||||||||||
Course content, structure and pedagogical approach | ||||||||||||||||||||||||
The course provides a comprehensive introduction to the economics and management of international shipping, with the primary aim of equipping students with a thorough understanding of shipping markets and their vital role in global trade. Emphasizing both recent developments and future challenges, the course integrates theories from micro- and macroeconomics to analyze shipping markets and their dynamics.
Students will gain the skills to identify and critically evaluate the key factors influencing business opportunities in international shipping. Topics covered include the relationship between shipping and global trade, the structure and functioning of the four primary shipping markets, and the cyclical nature of shipping, including forecasting methodologies. The course focuses on the specific economics of dry bulk, tanker, and liner shipping, alongside an exploration of maritime finance, risk management, and the regulatory framework governing international shipping.
Additionally, the course examines national shipping policies, the growing trends of outsourcing and ship management, and the principles of quality shipping. A strong focus is placed on the transition to green shipping, emphasizing sustainability and innovation as central to the future of the industry. Through these topics, students will develop a comprehensive understanding on the complexities of international shipping and the strategic approaches needed to deal with its challenges. |
||||||||||||||||||||||||
Research-based teaching | ||||||||||||||||||||||||
CBS’ programmes and teaching are research-based. The following
types of research-based knowledge and research-like activities are
included in this course:
Research-based knowledge
Research-like activities
|
||||||||||||||||||||||||
Description of the teaching methods | ||||||||||||||||||||||||
This course offers an engaging and dynamic learning experience, combining traditional lectures with interactive elements that bring the world of international shipping to life. While the core of the course is delivered through frontal lectures, students will also dive into short case studies, participate in lively class discussions about the shipping industry and its latest developments, and analyse recent news to connect theoretical concepts with real-world scenarios. Practical exercises and quizzes add an interactive dimension, allowing students to test their knowledge and apply what they’ve learned in an exciting and collaborative environment. | ||||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||||
As an optional opportunity for feedback, students have the opportunity to submit two written short home assignments and receive either oral or written feedback during class or by email. The first assignment is a group project, allowing 2 to 4 students to collaborate and develop their ideas collectively. The second assignment can be submitted individually or in groups where each student clearly marks their contribution, enabling students to showcase their personal understanding and analytical skills. These assignments have the objective to give students confidence about their learning, to practice applying course concepts, and benefit from constructive feedback to enhance performance. | ||||||||||||||||||||||||
Student workload | ||||||||||||||||||||||||
|
||||||||||||||||||||||||
Expected literature | ||||||||||||||||||||||||
This is an indication of the literature from previous years. Students will be provided with an updated literature list at the beginning of the course:
- Ma, S. (2020). Economics of Maritime Business.
Routledge.
|