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| DUM2002 | Maritime Economy | 3+0+0 | ECTS:3 | | Year / Semester | Spring Semester | | Level of Course | First Cycle | | Status | Compulsory | | Department | DEPARTMENT of MARITIME TRANSPORTATION and MANAGEMENT ENGINEERING | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Sercan EROL | | Co-Lecturer | ASSOC. PROF. DR. Sercan EROL, | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | The aim of this course to give knowledge to the student about maritime transportation, market structure of maritime transport, maritime transport costs and components and financial structure of maritime transportation |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | summarise and describe contents of transportatin term and type of transportation | 8,10 | 1,3 | | LO - 2 : | learn the structure of the maritime transport market and price formation | 8,10 | 1,3 | | LO - 3 : | learn sea transport cost structure and the unit cost calculation | 8,10 | 1,3 | | LO - 4 : | learn sea transport financial structure and financial risks | 8,10 | 1,3 | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| Transport Concept, Maritime Transportation, Freight Model in terms of Maritime Transport: Tramp Shipping, Liner Shipping, Ship Type in terms of Maritime Transport, freight transport, Market Structure of maritime transport, Sea Freight ,Market Demand, Market Supply of Maritime Transportation, Market Equilibrium of Maritime Transportation, Maritime Transport Costs and Components , operation costs, voyage costs, capital costs, Factors affecting the Maritime Transportation Cost, Distributions Maritime Transport Costs, Classification of Maritime Transport Costs, Unit Handling of Maritime Transportation cost, Financial Structure of Maritime Transportation, Risk and Hedging, Preparation Letter, SOF, Time Sheet, Receipt, Manifesto, Loading Ordinance, International Maritime Organizations |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Transportation and maritime transportation | | | Week 2 | Type of maritime transportation: Tramp Shipping, Liner Shipping | | | Week 3 | Type of maritime transportation | | | Week 4 | Market Structure of Maritime Transport | | | Week 5 | Demand of Maritime Transportt, Supply of Maritime Transport, market balance in Maritime Transport | | | Week 6 | Maritime Transport Costs and Components | | | Week 7 | Operations Costs and voyage costs | | | Week 8 | Capital costs and Factors Affecting the Maritime Transportation Costs | | | Week 9 | Midterm Exam | | | Week 10 | Factors Affecting the Maritime Transportation Costs | | | Week 11 | The unit cost in maritime transportation | | | Week 12 | The unit cost in maritime transportation | | | Week 13 | Financial Structure in Maritime Transport | | | Week 14 | Risks and Hedging | | | Week 15 | Preparation letter, OF, Time Sheet, Receipt, Manifesto, loading ordinance of
- International maritime organization | | | Week 16 | Final Exam | | | |
| 1 | Stopford, M. (2009). Maritime Economics. London and New York: Routledge. | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 15/04/2024 | 1 | 50 | | End-of-term exam | 16 | 04/06/2024 | 1 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 1 | 14 | 14 | | Arasınav için hazırlık | 5 | 2 | 10 | | Arasınav | 1 | 1 | 1 | | Dönem sonu sınavı için hazırlık | 5 | 2 | 10 | | Dönem sonu sınavı | 1 | 1 | 1 | | Total work load | | | 78 |
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