Curriculum Structure

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MT2005 Port Economics

[Lecture: 26 hr ; Tutorial: 13 hr ; Lab: 0 hr ; Pre-requisite: HE1941 ; Academic Unit: 3.0 ]


Learning Objective :

This course introduces the economic aspects of the port industry and the underlying principles of port activities.

Course Content :

International trade and port. The role of port. Demand and supply of port services. Port administration. Port cost and pricing. Terminal operation and operator. Port competition. Policy issues.

Course Outline :

S/N

Topic

1

International trade and port

2

The function of port

3

The role of port in economic development

4

Demand and supply of port services

5

Users of port services

6

Port ownership, structure and administration

7

Port cost

8

Port pricing

9

Layout, structure, facilities and basic operations of terminals

10

Port productivity

11

Port competitiveness and competition

12

International professional terminal operator

13

Policy issues

14

Case studies of the largest ports in the world

Learning Outcome :

Upon completion of the course, students should be able to use economic theories and tools to explain phenomenon in the port industry. They should also be able to understand the practical aspects of a port.

Textbooks :

No specific text is required since the course covers a diverse range of topics

References :

  1. Alderton, P. (2008) Port management and operations, 3rd edition LLP Ltd, London.
  2. Lam, J.S.L. (2015) Strategy of a transshipment hub: Case of Port of Singapore, in Lee, P.T.W. and Cullinane, K. (eds.) Dynamic Shipping and Port Development in the Globalized Economy, Palgrave