What is Economics in Global Logistics?

Explore how economics affects a global logistics business

This two-week course aims to provide you with the opportunity to define economics, develop an understanding of basic economic concepts and use them to explain the behaviour of a simplified economy.

You will explore microeconomic and macroeconomic concepts and demonstrate the difference between the long and short-run economic scenario in profit maximisation.

You will also investigate the role of transport in economic development and growth. Finally, you’ll investigate how economic market structures influence transport markets and affect efficiency using contestable theory.

This course is for business professionals aiming to improve their logistics, supply chain or distribution skills, especially in costing and pricing of logistics services.

Please note that the staff described in the ‘Who will you learn with?’ section below may be subject to change.