Identifying Data 2024/25
Subject (*) Maritime Economics Code 631G01201
Study programme
Grao en Náutica e Transporte Marítimo
Descriptors Cycle Period Year Type Credits
Graduate 1st four-month period
Second Obligatory 6
Language
Spanish
Galician
Teaching method Face-to-face
Prerequisites
Department Ciencias da Navegación e Enxeñaría Mariña
Dereito Privado
Coordinador
Sánchez Girón, Javier Ramón
E-mail
javier.sanchez5@udc.es
Lecturers
Sánchez Girón, Javier Ramón
E-mail
javier.sanchez5@udc.es
Web
General description

Competencies / Study results
Code Study programme competences / results
A54 RA1C-Write, explain and transmit the theoretical knowledge acquired both orally and in writing using scientific-technical language.
A55 RA2C-Identify and relate acquired knowledge to other disciplines
A57 RA4C-Collecting and interpreting relevant data
A60 RA8C-Interpret the basic rules that make up the framework of economics and law.
B31 RA9H-Effectively solve practical problems associated with the subject by applying the knowledge acquired.
B32 RA10H-Know, analyse, synthesise and apply the contents, fundamental concepts and applications of the subject.
B33 RA11H-Develop both individual and group work
B34 RA12H-Handle bibliographic material and computer resources.

Learning aims
Learning outcomes Study programme competences / results
RA1C-Write, explain and transmit the theoretical knowledge acquired both orally and in writing using scientific-technical language. A54
RA2C-Identify and relate acquired knowledge to other disciplines A55
RA4C-Collecting and interpreting relevant data A57
RA8C-Interpret the basic rules that make up the framework of economics and law. A60
RA9H-Effectively solve practical problems associated with the subject by applying the knowledge acquired. B31
RA10H-Know, analyse, synthesise and apply the contents, fundamental concepts and applications of the subject. B32
RA11H-Develop both individual and group work B33
RA12H-Handle bibliographic material and computer resources. B34

Contents
Topic Sub-topic
Maritime trade and transport systems.
Geography of maritime trade.
Principles of maritime trade.
Liquid and solid bulk traffic.
Specialized cargo traffic.
General cargo traffic.
Economics of maritime transport markets. Organization of maritime transport markets.
Cycles of the maritime transport market.
Supply, demand, and freight rate.
Economics of the shipping company. Costs, revenues, and cash flow.
Financing of the maritime company.
Risk, return, and economics of the maritime company.

Planning
Methodologies / tests Competencies / Results Teaching hours (in-person & virtual) Student’s personal work hours Total hours
Guest lecture / keynote speech A60 B34 30 10 40
Mixed objective/subjective test A55 A60 B34 B33 2 2 4
Oral presentation A54 A57 B31 B32 12 12 24
Workshop A57 A54 B32 B34 47 25 72
 
Personalized attention 10 0 10
 
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies Description
Guest lecture / keynote speech Professor's presentation of the topics included in the syllabus.
Mixed objective/subjective test Test that combines essay-type questions and objective-type questions. The essay-type questions include open-ended questions for development, while the objective-type questions can combine multiple-choice, ordering, short-answer, discrimination, completion, and/or association questions.
Oral presentation Oral presentation supported by audiovisual resources of the results of the workshop practical cases and activities.
Workshop Carrying out assignments and solving practical cases assigned by the professor, followed by presentation and discussion in class. All of this with the support and supervision of the professor.

Personalized attention
Methodologies
Workshop
Description
The professor will be available to students to resolve any doubts or provide clarifications regarding the theory or the study materials and practical cases.

Assessment
Methodologies Competencies / Results Description Qualification
Mixed objective/subjective test A55 A60 B34 B33 The test includes both essay-type questions and objective-type questions. The essay questions consist of open-ended development questions, while the objective questions can include multiple-choice, ordering, short-answer, discrimination, completion, and/or association questions. To average the grade of the mixed test with the rest of the evaluation tests, a minimum score of 4 out of 10 is required. 60
Oral presentation A54 A57 B31 B32 The oral presentation of the workshop results will be supported by audiovisual resources and evaluated based on a rubric. To average the grade of the oral presentation with the rest of the evaluation tests, a minimum score of 5 out of 10 is required. 40
 
Assessment comments

The students who complete and submit, on time and in the correct manner, at least 80% of the activities proposed in the classroom as part of the workshop will be continuously assessed according to the methodologies described in the course guide. In this case, students must obtain a minimum grade of 5 out of 10 in both the mixed test and the oral presentation to pass the course. The mixed test will be conducted on the date of the ordinary exam session.

Students who do not complete or submit, on time and in the correct manner, at least 80% of the activities proposed in the classroom as part of the workshop, or who do not obtain at least a grade of 5 out of 10 in the oral presentation, will be assessed through a single mixed test on the date of the ordinary session. This test will have two distinct parts: the first will assess competencies A55, A60, B33, and B34 through the contents of the topics "Maritime Trade and Transport Systems" and "Economics of Maritime Transport Markets," and the second will assess competencies A54, A57, B31, and B32 through the contents of the topic "Economics of the Shipping Company." The first part will account for 60% of the grade and the second part 40%, but it will be necessary to obtain at least a grade of 5 out of 10 in both parts to pass the course.

Students with recognition of part-time dedication and academic exemption from attendance, as established in the "REGULATION GOVERNING THE STUDY DEDICATION REGIME FOR UNDERGRADUATE STUDENTS AT UDC (Arts. 2.3; 3.b; 4.3 and 7.5) (04/05/2017)," may take partial exams, if applicable, without the need to attend 80% of face-to-face classes, provided that the professors are duly informed at the beginning of the course. However, the professors may assign different assignments/problems to this group of students throughout the course to be presented during tutorial hours, using the TEAMS system if deemed appropriate by the professor.

The fraudulent completion of exams or assessment activities, once confirmed, will result directly in a failing grade in the respective exam session: the student will be graded as "fail" (numerical grade of 0) in the corresponding academic year's exam session, whether the misconduct occurs in the first opportunity or the second. In this regard, their grade will be modified in the first opportunity's record, if necessary.

The assessment criteria outlined in Table A-II/2 of the STCW Code, as documented in the Quality Assurance System, will be considered when designing and conducting the assessment.


Sources of information
Basic Chrzanowski, I. (). An introducción to shipping economics. London: Fairplay Publications.
Bueno Campos, E (2004). Curso básico de economía de la empresa : un enfoque de organización. Madrid: Pirámide
Pérez Goróstegui, E. (2009). Curso de introducción a la economía de la empresa. Madrid: Centro de Estudios Ramón Areces.
Mc Conville, J. (1999). Economics of Maritime Transport. Theory and Practice. London: Whiterby and Co.
Ruiz Soroa, J.M. (1990). El buque, el naviero, personal auxiliar. Bilbao: Instituto Vasco de Administración Pública.
Branch, A. E. (2001). Elements of Shipping. Cheltenham, U.K.: Nelson Thornes .
González Laxe, F. & Sánchez, R. J. (2007). Lecciones de economía marítima. A Coruña: Netbiblo.
Castañeda, J. (1972). Lecciones de teoría económica : microeconomía. Madrid: Aguilar.
Branch, A. E. (1998). Management and Marketing. Cheltenham, U.K.: Stanley Thornes.
Downard, J. M. (1984). Managing ship. London: Fairplay.
Stopford, M. (). Maritime economics. London; New York: Routledge
Sloggett, J. (1984). Shipping Finance. London: Fairplay
Laurence, C. (1984). Vessel operating economies. London: Fairplay

Complementary


Recommendations
Subjects that it is recommended to have taken before
Bussiness and Law/631G01109

Subjects that are recommended to be taken simultaneously

Subjects that continue the syllabus

Other comments


(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.