Module: Airline Economics and Finance

Module Specifications..

Current Academic Year 2023 - 2024

Please note that this information is subject to change.

Module Title	Airline Economics and Finance
Module Code	EF335
School	DCUBS
Module Co-ordinator	Semester 1: Cathal Guiomard Semester 2: Cathal Guiomard Autumn: Cathal Guiomard
Module Teachers	Cathal Guiomard
NFQ level	8	Credit Rating	5
Pre-requisite	None
Co-requisite	None
Compatibles	None
Incompatibles	None

Repeat examination

Description

The airline industry is a regulated industry which in addition to needing to be profitable must also respect security and safety concerns. This module will provide students with an overview of the industry from primarily an economics perspective. This module will introduce students to the economic analysis of the industry and of a number of policies currently affecting the industry (liberalisation, regulation, competition).

Learning Outcomes

1. understand how economics would analyse the airline industry and its impact on the national economy
2. describe and discuss the changes to the structure of the industry since it began to be deregulated in the late 1970s
3. discuss the special features of pricing in the airline industry
4. describe and discuss the reasons for and methods used to price regulate airports and air traffic control companies
5. describe and discuss the role of competition policy in regard to the airline industry

*Type*	*Hours*	*Description*
Workload	Full-time hours per semester
Lecture	22	Airline Economics and Finance
Fieldwork	22	Preparation for class
Assignment Completion	15	Research and construction of set assignments
Independent Study	30	Reading, research and library work
Independent Study	36	Exam preparation
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

Introduction to the economic analysis of the airline business

The structure of the industry before and after deregulation

Airline pricing under price discrimination

Airline mergers and EU competition policy

EU regulation of airport charges

The Single European Sky (SES) and air traffic control

The future of the airline industry with the entry of large new non-Western carriers

Assessment Breakdown
Continuous Assessment	30%	Examination Weight	70%

Type	Description	% of total	Assessment Date
Course Work Breakdown
Assignment	Essay on one of the topics covered in the module	50%	Sem 2 End

Reassessment Requirement Type
Resit arrangements are explained by the following categories; 1 = A resit is available for all components of the module 2 = No resit is available for 100% continuous assessment module 3 = No resit is available for the continuous assessment component
This module is category 1

Indicative Reading List

Doganis, Rigas: 0, The Airline Business,
Wensveen, John: 0, Air Transportation: A Management Perspective,

Other Resources

None

Programme or List of Programmes

AMPS	BSc in Aviation Management

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