The aim of this course is to equip students with the knowledge of the economic aspects of civil aviation, air transportation, airline logistics.
Course Content
This course contains; Definition of Economics, Concepts,Basic Principles of Economics, Market Balance, Consumer Balance,Airline Transportation Industry and Relationship with Economics,Supply-Demand Analysis in Aviation Industry,Cost Classification and Analysis in Aviation Industry,Aviation Industry Dynamics,Airport Ownership and Business Structure,Airport Ownership and Business Structure,Finance and Profit Planning in Aviation Business,Capital Budgeting and Investment Decisions in Aviation Business ,Airline Logistics,Airline Logistics, International Agreements,Transportation Agreements and Contents,Review and discussion.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Knows and can explain the conceptual elements of aviation economics.
10, 16, 9
A
1.1. Can explain the scope of aviation economy in general in line with basic economic principles.
1.2. Can analyze supply-demand and market balance in the aviation industry.
2. Understands the relationship between aviation businesses and the economics.
10, 16, 9
A
2.1. It can reveal the importance of aviation businesses in the economy.
2.2. Explain the functions of airports in creating economic value.
3. Can describe the relationship between investment decisions in aviation and the dynamics of the economy.
10, 16, 9
A
3.1. Can make cost-benefit analysis in the aviation industry.
3.2. It can reveal how investment decisions in the field of aviation are made from an economic perspective.
4. Can demonstrate the connection between aviation economics and the aviation transportation sector.
10, 16, 9
A
4.1. Can discuss the main dynamics of the relationship between the aviation economy and the industry.
4.2. Can identify positive and negative externalities in the aviation transportation sector.
5. The student can comment on the importance of the aviation sector in the context of globalization.
10, 16, 9
A
5.1. Can reveal the main dynamics of globalization in the aviation sector
5.2. Can interpret and reveal the main driving forces of globalization in the development of the aviation industry.
Basic Principles of Economics, Market Balance, Consumer Balance
3
Airline Transportation Industry and Relationship with Economics
4
Supply-Demand Analysis in Aviation Industry
5
Cost Classification and Analysis in Aviation Industry
6
Aviation Industry Dynamics
7
Airport Ownership and Business Structure
8
Airport Ownership and Business Structure
9
Finance and Profit Planning in Aviation Business
10
Capital Budgeting and Investment Decisions in Aviation Business
11
Airline Logistics
12
Airline Logistics, International Agreements
13
Transportation Agreements and Contents
14
Review and discussion
Resources
1-Havayolu Taşımacılığı ve Ekonomik Düzenlemeler - Teori ve Türkiye Uygulaması", Sivil Havacılık Genel Müdürlüğü; Yayın No. HUD/T-01
2- "Hava Ulaştırma Ekonomisi",İstanbul Üniversitesi, Uzaktan Eğitim Fakültesi, 2010
ADDITIONAL RESOURCES
Ticari Hava Taşıma İşletmelerinin Finansal Ve Mali Konularda Denetlenmesine İlişkin Talimat, SHGM, SHT-6AF
Deniz Macit, “HAVACILIK EKONOMİSİ - Teori, Politika ve Güncel Araştırmalar” Nobel Akademik Yayıncılık, İstanbul, Aralık 2021.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical knowledge in the field of aviation management.
X
2
Explains the necessary of mathematical and statistical methods in the field of aviation management.
3
Uses at least one computer program required in the field of aviation management.
4
Demonstrates proficiency in foreign language proficiency required in the field of aviation management.
5
Prepares projects about his field and manages team works.
6
It critically evaluates the knowledge and skills that it constantly renews and acquires by following the developments in the field of Aviation management with the awareness of lifelong learning in the professional field,
X
7
Uses theoretical and practical information in the field of aviation management.
X
8
Follows up to date technologies and communicates verbally/writing using a foreign language at least A2 level.
9
Adopts and uses organizational / corporate, business and social ethical values.
10
It adopts social responsibility principles and takes initiative when necessary, within the framework of public service sensitivity.
11
In order to carry out interdisciplinary studies, analyze basic information and data in different disciplines and use them in the field.
X
12
It offers appropriate suggestions in both micro and macro frameworks in the face of problems in the aviation management sectors.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
40
Rate of Final Exam to Success
60
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
0
0
0
Course Hours
0
0
0
Course Hours
14
3
42
Guided Problem Solving
5
2
10
Guided Problem Solving
0
0
0
Guided Problem Solving
0
0
0
Resolution of Homework Problems and Submission as a Report
0
0
0
Resolution of Homework Problems and Submission as a Report
0
0
0
Term Project
3
12
36
Term Project
0
0
0
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Presentation of Project / Seminar
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Quiz
0
0
0
Midterm Exam
0
0
0
Midterm Exam
1
25
25
General Exam
1
35
35
General Exam
0
0
0
General Exam
0
0
0
Performance Task, Maintenance Plan
0
0
0
Performance Task, Maintenance Plan
0
0
0
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
148
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(148/30)
4
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
AVIATION ECONOMICS
HVY2213607
Spring Semester
3+0
3
4
Course Program
Çarşamba 16:30-17:15
Çarşamba 17:30-18:15
Çarşamba 18:30-19:15
Prerequisites Courses
Recommended Elective Courses
Language of Course
Turkish
Course Level
First Cycle (Bachelor's Degree)
Course Type
Required
Course Coordinator
Prof.Dr. Rana ATABAY KUŞÇU
Name of Lecturer(s)
Assist.Prof. Oğuz YILDIZ
Assistant(s)
Aim
The aim of this course is to equip students with the knowledge of the economic aspects of civil aviation, air transportation, airline logistics.
Course Content
This course contains; Definition of Economics, Concepts,Basic Principles of Economics, Market Balance, Consumer Balance,Airline Transportation Industry and Relationship with Economics,Supply-Demand Analysis in Aviation Industry,Cost Classification and Analysis in Aviation Industry,Aviation Industry Dynamics,Airport Ownership and Business Structure,Airport Ownership and Business Structure,Finance and Profit Planning in Aviation Business,Capital Budgeting and Investment Decisions in Aviation Business ,Airline Logistics,Airline Logistics, International Agreements,Transportation Agreements and Contents,Review and discussion.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Knows and can explain the conceptual elements of aviation economics.
10, 16, 9
A
1.1. Can explain the scope of aviation economy in general in line with basic economic principles.
1.2. Can analyze supply-demand and market balance in the aviation industry.
2. Understands the relationship between aviation businesses and the economics.
10, 16, 9
A
2.1. It can reveal the importance of aviation businesses in the economy.
2.2. Explain the functions of airports in creating economic value.
3. Can describe the relationship between investment decisions in aviation and the dynamics of the economy.
10, 16, 9
A
3.1. Can make cost-benefit analysis in the aviation industry.
3.2. It can reveal how investment decisions in the field of aviation are made from an economic perspective.
4. Can demonstrate the connection between aviation economics and the aviation transportation sector.
10, 16, 9
A
4.1. Can discuss the main dynamics of the relationship between the aviation economy and the industry.
4.2. Can identify positive and negative externalities in the aviation transportation sector.
5. The student can comment on the importance of the aviation sector in the context of globalization.
10, 16, 9
A
5.1. Can reveal the main dynamics of globalization in the aviation sector
5.2. Can interpret and reveal the main driving forces of globalization in the development of the aviation industry.
Basic Principles of Economics, Market Balance, Consumer Balance
3
Airline Transportation Industry and Relationship with Economics
4
Supply-Demand Analysis in Aviation Industry
5
Cost Classification and Analysis in Aviation Industry
6
Aviation Industry Dynamics
7
Airport Ownership and Business Structure
8
Airport Ownership and Business Structure
9
Finance and Profit Planning in Aviation Business
10
Capital Budgeting and Investment Decisions in Aviation Business
11
Airline Logistics
12
Airline Logistics, International Agreements
13
Transportation Agreements and Contents
14
Review and discussion
Resources
1-Havayolu Taşımacılığı ve Ekonomik Düzenlemeler - Teori ve Türkiye Uygulaması", Sivil Havacılık Genel Müdürlüğü; Yayın No. HUD/T-01
2- "Hava Ulaştırma Ekonomisi",İstanbul Üniversitesi, Uzaktan Eğitim Fakültesi, 2010
ADDITIONAL RESOURCES
Ticari Hava Taşıma İşletmelerinin Finansal Ve Mali Konularda Denetlenmesine İlişkin Talimat, SHGM, SHT-6AF
Deniz Macit, “HAVACILIK EKONOMİSİ - Teori, Politika ve Güncel Araştırmalar” Nobel Akademik Yayıncılık, İstanbul, Aralık 2021.
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
Defines the theoretical knowledge in the field of aviation management.
X
2
Explains the necessary of mathematical and statistical methods in the field of aviation management.
3
Uses at least one computer program required in the field of aviation management.
4
Demonstrates proficiency in foreign language proficiency required in the field of aviation management.
5
Prepares projects about his field and manages team works.
6
It critically evaluates the knowledge and skills that it constantly renews and acquires by following the developments in the field of Aviation management with the awareness of lifelong learning in the professional field,
X
7
Uses theoretical and practical information in the field of aviation management.
X
8
Follows up to date technologies and communicates verbally/writing using a foreign language at least A2 level.
9
Adopts and uses organizational / corporate, business and social ethical values.
10
It adopts social responsibility principles and takes initiative when necessary, within the framework of public service sensitivity.
11
In order to carry out interdisciplinary studies, analyze basic information and data in different disciplines and use them in the field.
X
12
It offers appropriate suggestions in both micro and macro frameworks in the face of problems in the aviation management sectors.
