The course provides a broad understanding of transportation demand and cost analyses, the student should have an insight in latest innovations in logistics and transportation and show their relevance to management challenges and knowledge of how to evaluate economically the establishing of transport systems, and how to manage transport systems in an effective and efficient way.
Transportation economics is essential for understanding the effects of policies and projects on transportation outcomes and the way we prioritize, plan, operate and fund transportation facilities. This course presents an overview of principles of economics (including supply and demand, pricing, public goods, and market failures) as a foundation for understanding public investment in and regulation of transportation systems. The course will also highlight transportation finance, cost benefit analysis, the effects of transportation systems on the economy, and the efficiency and equity of transportation pricing and investments.
Transportation economics is essential for understanding the effects of policies and projects on transportation outcomes and the way we prioritize, plan, operate and fund transportation facilities. This course presents an overview of principles of economics (including supply and demand, pricing, public goods, and market failures) as a foundation for understanding public investment in and regulation of transportation systems. The course will also highlight transportation finance, cost benefit analysis, the effects of transportation systems on the economy, and the efficiency and equity of transportation pricing and investments.