|Part I. Review of Economic Theory|
|1||Introduction and Overview|
|2||Samuelson, P. A., and W. D. Nordhaus. Economics. 18th ed. Columbus, OH: McGraw-Hill, 2004, chapters 1-4. ISBN: 9780072872057.|
|3||Fundamentals of Market Economics: Common Property Resources, Economic Efficiency, Market Failure, etc.||Samuelson, P. A., and W. D. Nordhaus. Economics. 18th ed. Columbus, OH: McGraw-Hill, 2004, chapters 18, 19, and 21-23. ISBN: 9780072872057.|
Economics of the Environment
The Time Value of Money
Tietenberg, T. H. "Economics of the Environment - An Overview" and "Property Rights, Externalities and Environmental Problems." Environmental and Natural Resource Economics. 3rd ed. Boston, MA: HarperCollins, 1992, chapters 2 and 3. ISBN: 9780673463289.
Schleifer, Arthur, Jr. "Calculating Net Present Values and Accumulations of Cash-Flow Streams." Harvard Business School Note 180-026. Boston, MA: HBS Case Services, 1979.
Macroeconomics: National Income Accounting
Bureau of Economic Analysis, U.S. Department of Commerce. "Integrated Economic and Environmental Satellite Accounts." April 1994.
|Part II. Applications to Marine Industries|
|6||Shipping Markets and Cycles||Kite-Powell, H. L. "Marine policy: shipping and ports." In Encyclopedia of Ocean Sciences. Edited by J. Steele, S. Thorpe, and K. Turekian. London, UK: Academic Press, 2001, pp. 2768-2776. ISBN: 9780122274305.|
|Jin, D. "Supply and Demand of New Oil Tankers." Marit Pol Mgmt 20, no. 3 (2003): 215-27.|
|8||Ship Charter/Purchase Decisions (Guest Lecture by Sydney Levine, Shipping Intelligence Inc.)|
|9||Shipping and the Environment: Tanker Spills, Right Whales||Committee on Oil Pollution Act of 1990 (Section 4115) Implementation Review, National Research Council. Double-Hull Tanker Legislation: An Assessment of the Oil Pollution Act of 1990. Washington, DC: The National Academies Press, 1997. ISBN: 9780309063708.|
Liner Shipping and Ports
FPSOs, Fast Ferries, Fast Freight Ships
|Marcus, H. S. "Interrelationship Between Strategy and Technology in the International Liner Market." Mar Pol Rep 1 (1989): 207-215.|
|11||Shipping Finance, Risk and Return (Guest Lecture by Kevin Hazel, Marsoft Inc.)|
Student Presentations (cont.)