07:20 PM to 10:00 PM M
Section Information for Spring 2018
Airlines apply economic principles in many surprising ways. Ever wonder why airline pricing seems so bizarre? It’s because of price elasticity and perishable products. Have you been denied a frequent flier seat even though you have the miles? Blame Yield Management, an Economics-based forecasting science critical to airline revenues. Why do Airlines partner and even share their codes with competitors? Economics drives the basis for the key aspects of these alliances. Add in labor contracts, airport operations, fleet planning, aircraft scheduling, lots of metrics, and plenty more for a super elective class!
Airline Economics is offered as both a 400-level undergraduate and 600-level graduate elective. Great for Economics majors, Business majors, Aviation Engineers, and anyone interested in how Economics really comes to life in this complex industry.
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