ECTS - Aviation Economics and Policy

Aviation Economics and Policy (AVM418) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Aviation Economics and Policy AVM418 Area Elective 3 0 0 3 5
Pre-requisite Course(s)
N/A
Course Language English
Course Type Technical Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Observation Case Study, Problem Solving.
Course Coordinator
Course Lecturer(s)
Course Assistants
Course Objectives Airline economics, Applied by airline business model structures, Pricing structures and demand in the aviation sector.
Course Learning Outcomes The students who succeeded in this course;
  • Students will have to information theoretical basis provide infrastructure airline economics.
  • Students will be able to recognize air transport and economic characteristics of business models.
  • Students will be able to learn the structure of demand and cost in the airlines.
Course Content Strategic and economic structures models of airlines, the structure of demand in airlines, models of airline fees, capacity and cost management.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Basic information about the air transport sector
2 Strategic structure: Airline strategies and business models
3 Demand in the airline business and the structure of demand
4 Pricing and revenue management in the airlines
5 Airline output
6 Airline passenger fees
7 Cost management strategies in the airlines
8 Mid-Term Exam
9 Capacity management in airlines
10 Capacity management in airlines
11 Network structure management in airlines: Design
12 Network structure management in airlines: Scheduling
13 Fleet management
14 Fleet management
15 Funding sources in the airlines
16 Final Exam

Sources

Course Book 1. Stephen Holloway, Straight and Level: Practical Airline Economics, Ashgate, Third Edition, 2008.
Other Sources 2. William E. O’Connor, An Introduction to Airline Economics, Praeger, 201.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation - -
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments 1 20
Presentation - -
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 30
Final Exam/Final Jury 1 50
Toplam 3 100
Percentage of Semester Work 50
Percentage of Final Work 50
Total 100

Course Category

Core Courses
Major Area Courses X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Obtains the ability to identify, define, formulate, and solve problems in the field of aviation management, and to select and apply appropriate analytical and modeling techniques for this purpose. X
2 Acquires sufficient knowledge in Business Administration, Management, and Aviation Management, and obtains the ability to apply both theoretical and practical knowledge from these fields to identify and solve problems encountered in air transportation management. X
3 Acquires the ability to design a complex system or process related to aviation management in such a way that it meets specific requirements under realistic constraints and conditions; and acquires the ability to apply modern design methods for this purpose. Realistic constraints and conditions include factors such as economic considerations, environmental issues, sustainability, manufacturability, ethics, health, safety, and social and political factors, depending on the nature of the design. X
4 Acquires the ability to develop, select, and utilize modern techniques and tools required for applications in aviation management; and obtains the ability to effectively use information technologies. X
5 Acquires the ability to design experiments, conduct experiments, collect data, and analyze and interpret results for the investigation of problems in aviation management.
6 The ability to work effectively in the disciplinary and multi-disciplinary teams; individual study skills.
7 Gains the ability to communicate effectively in English, both orally and in writing; and possesses knowledge of at least one foreign language at a minimum of B1 General Level of the Common European Framework of Reference for Languages (CEFR), enabling them to follow developments in their field and share knowledge with others.
8 Develops an awareness of the necessity of lifelong learning; and gains the ability to access information, follow developments in science and technology, and continuously improve oneself. X
9 Acquires knowledge about professional practices such as project management, risk management, and change management; and develops awareness of entrepreneurship, innovation, and sustainable development.
10 Acquires knowledge about the universal and societal impacts of aviation management practices on health, environment, and safety, and develops awareness of the legal consequences of the practices to be implemented.
11 Becomes aware of the impact of management practices and workplace operations in aviation management businesses on employees' health, the environment, and occupational safety, and develops awareness of the legal consequences of practices in these areas.
12 Acquires an awareness of professional and ethical responsibility. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 14 3 42
Presentation/Seminar Prepration
Project
Report
Homework Assignments 1 8 8
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 10 10
Prepration of Final Exams/Final Jury 1 15 15
Total Workload 123