The objective of this unit is to provide a general understanding of the operation of the maritime industry from an economics perspective. The main focus is on the economic behaviour of shipowners, shippers, and other stakeholders in the markets for liquid bulk, dry bulk, container shipping, shipbuilding, scrapping and second-hand ships.
|Unit name||Maritime Economics|
|College/School||College of Sciences and Engineering
Australian Maritime College
|Discipline||Maritime and Logistics Management|
|Coordinator||Doctor Wenming Shi|
|Available as an elective?||Yes|
|Delivered By||University of Tasmania|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
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|Study Period||Start date||Census date||WW date||End date|
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2024 are indicative and subject to change. Finalised census dates for 2024 will be available from the 1st October 2023. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
- Explain the demand and supply variables of sea transport to determine shipping freight rates.
- Analyse the market structures of the bulk, general, and specialised cargo shipping markets by applying economic tools.
- Assess maritime policies and regulations by interpreting their operational, financial and environmental impacts.
The 2024 Commonwealth Supported Place (CSP) rates are still being finalised by the Government and we will update the domestic fee information as soon as we have more details.
On-Campus: Weekly 2-hour lectures and weekly a 1-hour tutorial. Attendance in tutorials is mandatory.
Off-Campus: Weekly 2-hour audio/video recorded lectures and a weekly 1-hour recorded tutorial.
|Assessment||Online Quiz (10%)|Presentation and report (20%)|Case study (30%)|Final Exam (40%)|
|Timetable||View the lecture timetable | View the full unit timetable|
Required readings will be listed in the unit outline prior to the start of classes.
|Links||Booktopia textbook finder|
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