Lecture Notes

This page presents a selection of lecture slides and notes used in the class.

LEC # TOPICS
Part I. Review of Economic Theory
1 Introduction and Overview
2 Fundamentals of Market Economics: Supply and Demand, Elasticity, etc. (PDF)
3 Fundamentals of Market Economics (cont.): Common Property Resources, Economic Efficiency, Market Failure, etc.
4

Economics of the Environment (PDF)

The Time Value of Money (PDF)

5

Economic Sustainability

Macroeconomics: National Income Accounting (PDF)

Part II. Applications to Marine Industries
6 Shipping Markets and Cycles
7

Bulk Shipping

LNG Shipping (PDF)

8 Ship Charter/Purchase Decisions (Guest Lecture by Sydney Levine, Shipping Intelligence Inc.)
9 Shipping and the Environment: Tanker Spills, Right Whales
10

Liner Shipping and Ports

FPSOs, Fast Ferries, Fast Freight Ships (PDF)

11 Shipping Finance, Risk and Return (Guest Lecture by Kevin Hazel, Marsoft Inc. Files Courtesy of Marsoft. Used with Permission.) (PDF 1) (PDF 2)
12

Student Presentations

Course Evaluation

13

Student Presentations (cont.)

Course Wrap-up