Economics of Marine Transportation Industries

Row of container ships in dock with cranes overhead.

Container ships docked in the Port of Felixstowe (UK). (Photo by Jeremy Quinn on Flickr.)

Instructor(s)

MIT Course Number

2.964

As Taught In

Fall 2006

Level

Graduate

Cite This Course

Course Features

Course Description

This half-semester course studies the economics of the principal markets related to marine transportation, environment, and natural resources. Topics include structures of the markets and industries involved; competition; impacts of policies and regulations. The course analyzes the relationship among industries, markets, technologies, and national policies, and introduces the concepts of national income accounts, sustainability, and intergenerational equity and their relationship to current economic practice.