Deree - Academics - Course Descriptions

EC 3227
Maritime Economics - Level 5
The economics of sea transport and related markets. Shipping & ship demand & supply, economies of scale, shipping cycles, ship & shipyard productivity, shipyard subsidisation, return on shipping investment, evolution of fleet costs as more ships are activated, shipping risk & FFAs, bulk carriers vs. specialised ships, marginal cost pricing, fast vs. slow steaming.
Prerequisites: EC 1000 MA 1008
UK Credits: 15
US Credits : 3/0/3
Syllabus: Download