TRA820 Air Transport Economics (Spring 2021)

About the course

The course covers concepts of the following areas:

·         Air transport law, policy and regulations

·         Air transport supply and demand

·         Aircraft acquisition and financing

·         Air traffic management

·         The economics of airlines (business models, costs and pricing, networks, etc.)

·         The economics of airports (layout and capacity, business model, marketing etc.)

·         Environmental aspects of air transport management

The course is connected to the following study programs

• Master of Science in Logistics
• Exchange programme - Master's level
• Master of Science in Sustainable Transport and Urban Mobility

Recommended requirements

Equivalent to requirements for the MSc program in Logistics.

The student's learning outcomes after completing the course

This course provides an analysis of the key economic issues facing the air transport industry. The course puts special emphasis on the understanding of the air transport sector as an integrated system.

Forms of teaching and learning

3 hours of lectures per week; besides, successful students will plan time for supplementary activities such as preparations/follow-ups, readings, homework, assignment, and final exam preps.

Examination

• Form of assessment: Written school assessment
• Proportion: 60%
• Duration: 4 Hours
• Grouping: Individual
• Grading scale: Letter (A - F)
• Support material: Only general dictionary in mother tongue/Norwegian/English in paper version

• Form of assessment: Home assessment
• Proportion: 40%
• Duration: 1 Semesters
• Grouping: Individual
• Grading scale: Letter (A - F)
• Support material: All printed and written supporting material

Course evaluation

40% final grade: home assignment; 'open book'

60% final grade: written school assessment; 'closed book'; 4 hours

 

Syllabus