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Course Name : Maritime Economics and Logistics
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Degree: Graduate
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Code
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Year/Semester
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Local Credits
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ECTS
Credits
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Course Implementation, Hours/Week
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Course
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Tutorial
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Laboratory
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DIE 513
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(Fall)
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3
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5
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3
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-
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Department
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DEPARTMENT OF MARITIME BUSINESS MANAGEMENT
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Instructors
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Dr. Tansel ERKMEN
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Contact Information
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e-mail: terkmen@pirireis.edu.tr
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Office Hours
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Tuesday. 1400-1600
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Web page
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http://www.pirireis.edu.tr
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Course Type
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Compulsory
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Course Language
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English
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Course Prerequisites
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Basic Sciences
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Basic Sciences
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Maritime Science
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Logistics
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Humanities
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10
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50
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40
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Course Description
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The program prepares students with modern economic and management tools for efficient decision-making, providing them at the same time with methods, concepts and theories to enable them to understand and analyze, the complexities of global maritime supply chains. The main topics of this course as introductory module in maritime problems of study are limited to; maritime transport components, maritime market study and instruments, maritime voyage operations and financing support, contract operations in shipping, merchandise expeditions and containerization procedures. A special attention is accorded to the operation of ships and port facilities from the technical and economic perspective. In this way, Piri Reis University graduates are expected to be able to act and make decisions, with managerial style and determination, under complex and uncertain conditions, in a global economic and societal environment.
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Course Objectives
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Understand, analyze and appraise:
- The role of Maritime sector in the economy, trade, society and welfare;
- Analyze and critically assess theories and trends in Maritime Economics and Logistics.
- To define and to interpret the major aspects related to maritime market evolution and its components
- To classify and to work with the main concepts regarding maritime transport financial procedures, including budgeting operation in terms of revenues and transport costs;
- The interconnectedness, implications and impacts of stakeholder decision making along the global maritime supply chain.
- To enumerate and to define the main components of maritime transports
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Course Learning Outcomes
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On successful completion of this course the student should be able to demonstrate:
- Students should be equipped with some tools and methods of economic analysis that will serve to help for a more advanced research in Maritime economic and Logistics theory.
- Student should have a good understanding to the fundamental principles of maritime economics.
- Understand discussions of maritime economic problems and issues in the popular and business media.
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Instructional Methods and Techniques
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Lectures, discussion and problem sessions discussion, case study, problem-solving, methods of group work, individual and frontal methods for developing critical thinking
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Tutorial Place
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Class: Class time is primarily devoted to lectures.
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Co-term Condition
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-
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Textbook
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Martin Stopford, Maritime Economics, 3rd Edition, 2009, ISBN 0-203-89174-0 Master e-book ISBN
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Other References
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Homework & Projects
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Homework will be written with accuracy focusing on the interpretation of the results of problem solving situations that allow the formulation of value judgments.
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Laboratory Work
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Computer Use
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Other Activities
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