Readings

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LEC # TOPICS READINGS
Part I. Review of Economic Theory
1 Introduction and Overview
2 Amazon logo 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. Amazon logo Samuelson, P. A., and W. D. Nordhaus. Economics. 18th ed. Columbus, OH: McGraw-Hill, 2004, chapters 18, 19, and 21-23. ISBN: 9780072872057.
4

Economics of the Environment

The Time Value of Money

Amazon logo 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.

5

Economic Sustainability

Macroeconomics: National Income Accounting

Amazon logo Daly, H. E. Beyond Growth. Boston MA: Beacon Press, 1997, chapters 6 and 7. ISBN: 9780807047095.

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 Amazon logo 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.
7

Bulk Shipping

LNG Shipping

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 Amazon logo 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.
10

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.)
12

Student Presentations

Course Evaluation

13

Student Presentations (cont.)

Course Wrap-up