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		3	0	0	3	5

Pre-requisite Course(s)
N/A

Course Language	English
Course Type	N/A
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
#	Program Qualifications / Competencies	1	2	3	4	5
1	Ability to determine, identify, formulate and solve the problems in the field of aviation management; for this purpose, ability to select and apply appropriate methods of analyzing and modelling					X
2	Adequate knowledge in the areas of business, management, and aviation management; ability to apply to identify and solve the problems encountered in the field of air transport operations and theoretical and practical knowledge in these areas.					X
3	Ability to design to meet the specific requirements of complex system or process related to aviation management, under realistic constraints and conditions; for this purpose, ability to apply modern design methods.( Realistic constraints and conditions, depending on the nature of the design, contain items as economics, environmental issues, sustainability, manufacturability, ethical, health, safety, social and political problems.)				X
4	The ability to select, use and develop of modern techniques and tools that are needed for the applications needed in aviation management;the ability to use information technologies effectively.				X
5	To examine the problem of aviation management experimental design, conducting experiments, collecting data, analyzing and interpreting the results skills.
6	The ability to work effectively in the disciplinary and multi-disciplinary teams; individual study skills.
7	Effective verbal and written communication skills in English; follow the information and developments in the field and be able to share with other people, use it in the B1 level of European Language Portfolio, knowing at least one foreign language.
8	Aware of the necessity of lifelong learning, ability to access to information, follow developments in science and technology and continuous self-renewal ability.		X
9	Information about business applications such as project management, risk management and change management; awareness of entrepreneurship, innovation and sustainable development.
10	Information about the effects of aviation management applications on health, environment and safety in the universal and social dimensions and be aware of the legal consequences of the applications to be performed.
11	To possess conscious about the effects of management and workplace applications of aviation management enterprises on occupational and environmental safety and the health of employees, as well as awareness about legal consequences of these applications.
12	To possess conscious about responsibility of professional and ethics.					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