Air Transport Economy

Course guarantor:

Lecturer:

Tutor:

Supervisor:

Department of Air Transport

Synopsis:

The aim of the course is to introduce students to the basic issues of economics and then to follow up on more complex problems of air transport. Students will thus understand the principles of demand and supply in air transport and the specific problems related to these topics. At the same time, they will gain a comprehensive understanding of costs and their different types as well as airline revenues and yields.

Requirements:

none

Syllabus of lectures:

Syllabus of tutorials:

Study Objective:

The course focuses on the fundamentals of economics, providing students with an understanding of accounting principles and role of financial statements. In the second part, the course builds on the general knowledge acquired and applies it to the environment of air transport economics. The basic principle is the Holloway model.

Study materials:

Holloway S., Straight and Level: Practical Airline Economics,

Vasigh, B., Tacker, T., Fleming K.: Introduction to Air Transport Economics: from Theory to Applications,

O´Connor, W. E.: An Introduction to Airline Economics

Note:

Further information:

No time-table has been prepared for this course

The course is a part of the following study plans: