SAM18 Maritime History and Economics
- Maritime history in the long-term perspective
- The shipping industry today
- Shipping costs and revenues
- The four markets of shipping
- Shipping cycles
- Bulk shipping
- Specialised shipping segments
- Shipbuilding and scrapping
- Maritime policy and regulation
- Shipping risks
The main objective of the course is to give students a broad knowledge of the history and mechanisms of the international shipping industry. This includes the importance of the industry in the world economy, the economic aspects of the industry, policy and environmental issues and the main challenges facing shipping companies.
Knowledge - The candidate...
- has broad knowledge of the international shipping industry
- is familiar with research and development work in the fields of maritime history and maritime economics Skills - The candidate...
- can present the main markets for ships and shipping services
- can reflect upon the challenges facing shipping companies
- can find, evaluate and refer to information and scholarly subject matter and present it in a manner that sheds light on the mechanisms of this industry
- masters relevant theoretical approaches to shipping
Competence - The candidate...
- has insight into the driving forces in the shipping industry - both today and historically
- can communicate important aspects of the shipping industry (theories, problems and solutions), both in writing and orally
- can exchange opinions and experiences with others with a background in the field, thereby contributing to the development of good practice
- is familiar with new thinking and innovation processes, including economic, political and ethical issues relevant to shipping
Lectures, assignments, group work, industry visits
There are no requirements regarding previous courses, but students are expected to have some knowledge of the main theories and concepts in business and economics. It is therefore suggested that students do not take this in their first semester unless they have such knowledge.
Requirements for course approval
Two short individual assignments and group term paper/ presentation
Individual oral exam of up to 15 minutes
Grading scale A - F
None, though students are encouraged to bring a smartphone, laptop or tablet to class
Stopford, Martin (2009) Maritime Economics, 3rd edition, London, Routledge (selected chapters - see lecture plan)
In addition, material provided in lectures and via it's learning (lecture notes, lecture slides, newspaper articles, supplementary literature, etc.) and the term papers are required reading
- ECTS Credits
- Teaching language
Autumn. Offered Autumn 2018
Stig Tenold, Department of Economics.