Air Transport Economics
Aviation Management
Faculty of Aeronautics and Astronautics
First Cycle (Bachelor's Degree)
| Course Unit Title | Course Unit Code | Type of Course Unit | Level of Course Unit | Year of Study | Semester | ECTS Credits |
|---|---|---|---|---|---|---|
| Air Transport Economics | HUI253 | Elective | Bachelor's degree | 2 | Fall | 3 |
Name of Lecturer(s)
Assistant Prof. Dr. Hakkı Cenk ERKİN
Assistant Prof. Dr. Hakan RODOPLU
Learning Outcomes of the Course Unit
1) to learn about principles of air transportation economics
2) to learn about the economic contribution of the aviaiton sector
3) to learn about the place of aviation in the global economy
4) Explain air transportation economics
5) Develop solutions to air transportation economy problems
Program Competencies-Learning Outcomes Relation
| Program Competencies | |||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | ||
| Learning Outcomes | |||||||||
| 1 | No relation | No relation | High | High | Middle | Middle | High | Low | |
| 2 | No relation | No relation | High | High | Middle | Middle | High | Low | |
| 3 | No relation | No relation | High | High | Middle | Middle | High | Low | |
| 4 | No relation | No relation | High | High | Middle | Middle | High | Low | |
| 5 | No relation | No relation | High | High | Middle | Middle | High | Low | |
Mode of Delivery
Face to Face
Prerequisites and Co-Requisites
None
Recommended Optional Programme Components
Not Required
Course Contents
Size and scope of the aviation industry, demand for air transportation, cost structure of airlines, yield, revenue management, revenue and cost implications of network planning.
Weekly Schedule
1) Air Transport Industry2) Principles of Economics
3) Air Transportation Market and Demand
4) Demand for Airline Services
5) Supply of Airline Services
6) Production: The General Concepts
7) Cost Analysis
8) Midterm examination/Assessment
9) Aviation Infrastructure: Operations and Ownership
10) International Economics and Aviation
11) International Aviation: Open Skies and Global Alliances
12) Market Structure - Competitive and Monopolistic Markets
13) Hybrid Market Structure and the Aviation Industry
14) Aviation Forecasting and Regression Analysis
15) General Review
16) Final examination
Recommended or Required Reading
1- Vasigh B., K. Fleming, T. Tacker (2008). Introduction to Air Transport Economics: From Theory to Applications, Routledge
Planned Learning Activities and Teaching Methods
1) Lecture
2) Question-Answer
3) Discussion
Assessment Methods and Criteria
Contribution of Midterm Examination to Course Grade |
40% |
|---|---|
Contribution of Final Examination to Course Grade |
60% |
Total |
100% |
Language of Instruction
Turkish
Work Placement(s)
Not Required