Transportation Economy (5 cr)

Evaluation scale

0-5

Objective

Students understand the factors affecting on transport cost structure and are capable of comparing the costs of the available transport mode options from the viewpoints of service user, transport operator and the shipment itself.

EUR-ACE Engineering Analysis:
To understand the principles in the transport operation and method selection process and to analyze those in order to be able to find the best possible solution available.

EUR-ACE Engineering Practice:
To be able to combine theory and practice in order to reach the best possible solution for different problems or tasks at hand. To gain knowledge of factors affecting on decision making.

TELTR Logistics professional skills / Transportation skills:
To gain knowledge of the selection process and to be able to manage transportation systems and services.

TELEC Economic skills:
To gain knowledge of factors affecting on transportation business and to understand the principles how to run a transportation business. Also to be able to develop new solutions as economically and as ecologically as possible still being competitive in the transportation market.

YHTYR Entrepreneurship skills:
Has the capability to take into account the business environment variables in the planning, developing and executing phases of operations. To be able to run and lead transportation business strategically.

YHTKV Internationality skills:
Is able to find and apply theories and practices globally.

Content

Cost calculations related to road, rail, air, combined and sea transportation:
-operational costs
-operation related costs
-factors affecting on decision making.

Materials

ISBN: 978-1-4080-9381-8 Management accounting for business
ISBN: 978-0-7494-6627-5 The handbook of logistics and distribution management

Teaching methods

-lectures
-distance learning
-small group learning
-exercises
-learning tasks

Employer connections

Project work and visiting lecturers

Exam schedules

The possible date and method of the exam will be announced in the course opening information.

Completion alternatives

The admission procedures are described in the degree rule and the study guide. The teacher of the course will give you more information on possible specific course practices.

Student workload

One credit corresponds to an average of 27 hours of work, which means that the load of five credits is approximately 135 hours. The load is distributed in different ways depending on the course implementation.

Assessment criteria, satisfactory (1)

Excellent (5): Student has attained an excellent level of course objectives and can apply them into practice in innovative manner.
Very good (4): Student has attained very good level of course objectives and can apply them into practice.
Good (3): Student has gained understanding of course objectives and can utilize them in practice.
Satisfactory (2): Student has gained knowledge of course objectives and can utilize them partly in practice.
Sufficient (1): Student has gained knowledge of course objectives but faces challenges to utilize them in practice.

Assessment criteria, good (3)

Good (3): Student has gained understanding of course objectives and can utilize them in practice.
Very good (4): Student has attained very good level of course objectives and can apply them into practice.

Assessment criteria, excellent (5)

Excellent (5): Student has attained an excellent level of course objectives and can apply them into practice in innovative manner.

Qualifications

Students recognize different technologies in different transportation modes and understand the role of logistics in company operations and the role of transportation in company logistics.

Transportation Modes course.