|SCHOOL||Faculty of Social, Political and Economic Sciences|
|ACADEMIC UNIT||Department of Economics|
|LEVEL OF STUDIES||Undergraduate|
|COURSE TITLE||Transportation Economics|
|INDEPENDENT TEACHING ACTIVITIES
if credits are awarded for separate components of the course, e.g. lectures, laboratory exercises, etc. If the credits are awarded for the whole of the course, give the weekly teaching hours and the total credits
|WEEKLY TEACHING HOURS||CREDITS|
|Lectures and Individual Assignment||4||6|
|Add rows if necessary. The organisation of teaching and the teaching methods used are described in detail at (d).|
|Statistics, Mathematics, Management, Accounting, Macroeconomics, Microeconomics|
|LANGUAGE OF INSTRUCTION and EXAMINATIONS:||Greek|
|IS THE COURSE OFFERED TO ERASMUS STUDENTS||Yes (in English)|
|COURSE WEBSITE (URL)||http://www.econ.duth.gr/undergraduate/lessons/e4.shtml|
- LEARNING OUTCOMES
|The course learning outcomes, specific knowledge, skills and competences of an appropriate level, which the students will acquire with the successful completion of the course are described.
Consult Appendix A
· Description of the level of learning outcomes for each qualifications cycle, according to the Qualifications Framework of the European Higher Education Area
· Descriptors for Levels 6, 7 & 8 of the European Qualifications Framework for Lifelong Learning and Appendix B
· Guidelines for writing Learning Outcomes
|The course is an introduction to the transportation sector as part of the network economy. Through a number of case studies, the theory and the key issues are presented on management and business development in transportation industry. Emphasis is given on transportation system operation, evaluation and monitoring of corporate outputs and performance, and assessment of investment plans in transportation infrastructure.
Based on above theoretical framework, the course learning outcomes could be summarized:
· Ability to define the relationship between:
o Demand-Supply, Production-Consumption
o Pricing-Supply chain performance
· Ability to understand the key paraments for business planning, development and operation of network economy systems, such us:
o Transport, Energy and Telecommunication
o Linked economic sectors like tourism, trade, etc.
· Ability to analyze, review and evaluate plans on the base of the international nature of business and the relation between management and economy, for the transportation sector and Supply chain.
· Ability to analyze, review, assess and implement:
o Development plans in national scale
o Investment projects
o Privatization plans
After a successful course, the students should be able to understand and implement the main issues and techniques in network economy framework, such as:
· Estimate, evaluate, review and discuss analysis reports on the base of specific economic concepts applied in inland transportation, sea and water transportation, air transportation and combined transportation, such as Competition-Complementarity, Regulation-Deregulation, Public-Private, Cyclical-Anticyclical, Taxation-Subsidies, Value of Time-Level of Service, Accident Cost-Value of life.
· Review business tasks and illustrate results of supply-demand and inventory-distribution cost, using methodological frameworks and techniques from the fields of statistics, operations research, management, econometrics, macro and micro economy.
· Provide analysis results based on generalized cost, price elasticity, pricing issues, investment appraisal in transportation projects and infrastructure.
· Determine and review the performance of transportation enterprises, private and public investments, in Greek and international market (feasibility studies).
· Analyze the key parameters of a business plan on the base of economic conditions, operational capabilities, competition and regulatory framework in the sector of transportation and supply chain.
|Search for, analysis and synthesis of data and information, with the use of the necessary technology
Adapting to new situations
Working in an international environment
Working in an interdisciplinary environment
Production of new research ideas
|Project planning and management
Respect for difference and multiculturalism
Respect for the natural environment
Showing social, professional and ethical responsibility and sensitivity to gender issues
Criticism and self-criticism
Production of free, creative and inductive thinking
|· Search for, analysis and synthesis of data and information, with the use of the necessary technology.
· Working in an interdisciplinary environment.
· Working independently.
· Production of free, creative and inductive thinking.
|The course syllabus includes:
i. Structure, operational characteristics and organizational framework in transportation sector.
ii. Specific economic concepts applied in inland transportation, sea and water transportation, air transportation and combined transportation, such as Competition-Complementarity, Regulation-Deregulation, Public-Private, Cyclical-Anticyclical, Taxation-Subsidies, Value of Time-Level of Service, Accident Cost-Value of life.
iii. Development policies and modern problems in transportation sector on the level of national policy as well as on the level of enterprise.
iv. Methods and techniques on Transportation Economics using generalized cost, price elasticity, pricing policy and market accessibility assessment (accessibility, connectivity, spatial economics).
v. Analysis of transportation enterprises as well as Private and Public investments.
vi. Regulatory framework and Organisations dealing with transportation sector i.e. WTO, EU, 2190/20 Greek law, EU directive 91/440.
vii. Key issues and trends in international transportation environment, with emphasis in globalisation, socioeconomic equilibrium, bilateral agreement and international economic relations.
viii. Best practices from enterprises, organisations and projects.
ix. Case studies and outputs from real world applications.
- TEACHING and LEARNING METHODS – EVALUATION
Face-to-face, Distance learning, etc.
|· Class lectures
· Case studies
· Notes, slides
|USE OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
Use of ICT in teaching, laboratory education, communication with students
The manner and methods of teaching are described in detail.
Lectures, seminars, laboratory practice, fieldwork, study and analysis of bibliography, tutorials, placements, clinical practice, art workshop, interactive teaching, educational visits, project, essay writing, artistic creativity, etc.
The student’s study hours for each learning activity are given as well as the hours of non-directed study according to the principles of the ECTS
|STUDENT PERFORMANCE EVALUATION
Description of the evaluation procedure
Language of evaluation, methods of evaluation, summative or conclusive, multiple choice questionnaires, short-answer questions, open-ended questions, problem solving, written work, essay/report, oral examination, public presentation, laboratory work, clinical examination of patient, art interpretation, other
Specifically-defined evaluation criteria are given, and if and where they are accessible to students.
|· Individual assignment during the course (50%)
· Final written exams (50%)
- ATTACHED BIBLIOGRAPHY
1. Ι.Κ. Μουρμούρης, «Οικονομική των Μεταφορών: Ανάπτυξη, Επένδυση, Διοίκηση και Εφαρμογές», ISBN 9603516716, Εκδόσεις: Α. Σταμούλης, 2006.
2. Β. Προφυλλίδης, «Οικονομική των Μεταφορών», Δ’ Αναθεωρημένη έκδοση, ISBN 9789607182166, Εκδόσεις: Παπασωτηρίου.
3. Ε. Σαμπράκος, «Εισαγωγή στην Οικονομική των Μεταφορών», ISBN 9603511366, Εκδόσεις: Α. Σταμούλης, 2001.
– Referred journals:
Transportation Research Procedia
International Journal of Transport Economics
Journal of Transport Economics and Policy
Research in Transportation Economics
Economics of Transportation
Transportation Research Part A: Policy and Practice
Transportation Research Part B: Methodological
Transportation Research Part E: Logistics and Transportation Review
Journal of Supply Chain Management
Journal of air transport management
Journal of Rail Transport Planning & Management
Journal of Transport Geography
Travel Behaviour and Society
Journal of Operations Management