|
Language of Instruction
|
English
|
|
Level of Course Unit
|
Bachelor's Degree
|
|
Department / Program
|
ECONOMICS
|
|
Type of Program
|
Formal Education
|
|
Type of Course Unit
|
Elective
|
|
Course Delivery Method
|
Face To Face
|
|
Objectives of the Course
|
Comprehending the various ideas and fundamentals of transport economics for effective decision making. Analyzing demand and supply of transport including passenger and freight transportation. Understanding the connections between transportation and the overall economy, considering the degree and location of economic activity. Exploring alternative transportation models in terms of financing, capacity, efficacy, frequency, and environment
|
|
Course Content
|
This course focuses on key economic principles for a better understanding of the critical factors that structure and guide transport markets. This is accomplished by analyzing how the actions of transport authorities, who carry out the implementation of transport policy, interact with the behavior of individual users and service providers. This course will give students a critical understanding of how economics can be used to solve contemporary transportation sector issues like traffic congestion, high costs, and insufficient service provision (both in terms of quantity and quality).
|
|
Course Methods and Techniques
|
This course will utilize methods such as case studies, data analysis on transport markets, and group discussions. Students will work with economic models to analyze the impacts of transportation policies and the balance of transport supply and demand. Additionally, practical projects and simulations will be conducted to address current issues in transportation systems. Group work and discussions will support the application of theoretical knowledge to real-world scenarios.
|
|
Prerequisites and co-requisities
|
( ECON101 or ECON222 or BA225 or POLS121 )
|
|
Course Coordinator
|
None
|
|
Name of Lecturers
|
None
|
|
Assistants
|
None
|
|
Work Placement(s)
|
No
|
Recommended or Required Reading
|
Resources
|
|
|
|
This course focuses on understanding the fundamental economic principles that structure transport markets. It will analyze the interaction between the actions of transport authorities and the behavior of individual users and service providers. Students will critically examine how economics can address contemporary transportation sector issues such as traffic congestion, high costs, and inadequate service provision. The course covers topics like the supply and demand of transport, the relationship between transportation and the overall economy, and alternative transportation models.
|
|
|
|
|
|
|
|
|
|
|