Aviation Economics

Course aim

To provide students with an understanding of the broad economic aspects of the global aviation industry.

Course content

Global aviation trends; Key economic principles and their application to aviation; Aviation competitive market analysis; Airline pricing and revenue management; Low cost airlines; Open skies, airline mergers and global alliances; Economic and social impact of aviation; Green aviation.

Textbook(s)

Vasigh, Bijan and Brian Pearce 2024, Air Transport Economics: From Theory to Applications, 4th, Routledge

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
AERO 1022	Introduction to Aviation
AERO 1024	Introduction to Aviation Management

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, MAWSON LAKES
Seminar	2 hours x 13 weeks
Tutorial	1 hours x 12 weeks
INTERNAL, OFFSHORE, HONG KONG BAPTIST UNIVERSITY
Workshop	3 hours x 10 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Essay, Test/Quiz

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.