Economic Influences on Logistics (formerly Transportation Economics) helps learners relate economic forces to costing, pricing and operating logistics operations within a business enterprise. Learners will gain a deeper understanding of macroeconomic trends, government intervention, and how to capitalize on microeconomic levers. And they’ll know how to use that knowledge to make seemingly uncontrollable influences on supply chain profitability much more predictable—and survivable.
Economic Influences on Logistics is an updated version of the CITT course Transportation Economics, and is recommended for buyers or suppliers of transportation services or anyone involved in pricing decisions, planning of supply, demand or supply-chain capacity management.
Economic Influences on Logistics helps professionals understand, anticipate and adjust for economic factors impacting their business, allowing them to compete and remain profitable even in tough economic, competitive or regulatory conditions.
Over 83% of Transportation Economics grads recommend the course to their colleagues.
The fee for Economic Influences on Logistics is $800 plus applicable tax.
There is an additional International Fee of $125 plus 5% GST per course for students taking the course from outside Canada. There are no refunds issued for courses taken directly through CITT once your registration and payment has been received and processed.
The required textbook for this course is Concepts of Transportation Economics, by Barry E Prentice & Darren Prokop (ISBN: 9789814656160). As this textbook is not published by CITT, it has to be purchased externally. It is available at Indigo and Amazon.
All other readings will be available through the course site.
Please note: This only applies to courses taken directly through CITT. Fees for CITT courses taken through our partner educational institutions are set by those institutions.
Students participate in Think Tank weekly discussions focused on the modules that make up the Economic Influences on Logistics course materials. These online discussions engage students in reflection, dialogue and debate around the weekly topic, challenge students to apply the course material in real world business scenarios, and enable students to learn from their classmates and facilitator in addition to the course materials.
Think Tank marks are based on the quality, quantity and timeliness of responses in the Think Tank discussions. In general, students are expected to contribute 3-4 high-level comments throughout each week.
Highest marks are given for comments that:
The major project for Economic Influences on Logistics is the preparation of a formal report based on a case study scenario and questions. Learners are challenged to analyze the scenario provided, and apply the skills and knowledge gained throughout the course to prepare a detailed 10-12 page report including a high-level executive summary.
The final exam for Economic Influences on Logistics is held online, is 2.5 hours long, and is open-book. The exam is made up of a minimum of five essay-style questions.
The final exam period runs over the course of several days at the end of the semester. You can choose any (continuous) 2.5 hour window of time to begin & complete your exam during the exam period. Once exam period dates have been set for each semester they are available on the Key Dates page.
This exam requires access to a computer with a reliable internet connection. In order to reduce the chances of technical issues, learners should use the Firefox web browser.
Grades are reported as Honours, Pass, or Fail. To obtain a Pass, learners must earn a minimum grade of 50%. To achieve Honours, learners must earn a total grade of 80% or higher.
The final grade is assessed based on both term work and the final examination, as follows:
Approximately one month after the final exam, you will receive your course results from CITT.
Although the learning materials and course site are in English, a francophone facilitator is available and learners have the option of completing the formal report and answering exam questions in French if they desire.
You can also visit our FAQ section for answers to the most commonly asked questions that have helped thousands of supply chain and logistics professionals decide to enrol and start deepening and demonstrating their logistics and supply chain expertise with CITT and the CCLP program of study and professional designation.
Or simply contact the CITT team—we'd be happy to help you out by answering your questions or processing your course registration for you. We're available 9am to 5pm EST, Monday to Friday. Give us a call at 416-363-5696 ext. 0 or email us at firstname.lastname@example.org.
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