Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
SEÇM2022016252MARITIME ECONOMY Elective243
Level of Course Unit
First Cycle
Objectives 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
Name of Lecturer(s)
Learning Outcomes
1summarise and describe contents of transportatin term and type of transportation
2learn the structure of the maritime transport market and price formation
3learn sea transport cost structure and the unit cost calculation
4learn sea transport financial structure and financial risks
Mode of Delivery
Formal Education
Prerequisites and co-requisities
None
Recommended Optional Programme Components
None
Course Contents
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
Weekly Detailed Course Contents
WeekTheoreticalPracticeLaboratory
1Transportation and maritime transportation
2Type of maritime transportation: Tramp Shipping, Liner Shipping
3Type of maritime transportation
4Market Structure of Maritime Transport
5Demand of Maritime Transportt, Supply of Maritime Transport, market balance in Maritime Transport
6Maritime Transport Costs and Components
7Operations Costs and voyage costs
8Mid-term exam
9Capital costs and Factors Affecting the Maritime Transportation Costs
10Factors Affecting the Maritime Transportation Costs
11The unit cost in maritime transportation
12The unit cost in maritime transportation
13Financial Structure in Maritime Transport
14Risks and Hedging
15Preparation letter, OF, Time Sheet, Receipt, Manifest, loading ordinance of International maritime organization
16End-of-term exam
Recommended or Required Reading
Stopford, M. (2009). Maritime Economics. London and New York: Routledge.
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
SUM0
End Of Term (or Year) Learning ActivitiesQuantityWeight
SUM0
Yarıyıl (Yıl) İçi Etkinlikleri40
Yarıyıl (Yıl) Sonu Etkinlikleri60
SUM100
Language of Instruction
Turkish
Work Placement(s)
None
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination111
Attending Lectures14342
Self Study339
Individual Study for Mid term Examination4312
Individual Study for Final Examination5315
TOTAL WORKLOAD (hours)80
Contribution of Learning Outcomes to Programme Outcomes
PO
1
PO
2
PO
3
PO
4
PO
5
PO
6
PO
7
PO
8
PO
9
PO
10
PO
11
PO
12
LO1555151525211
LO2525512525511
LO3252521521531
LO4444422425511
* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
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