Facts about the course
- ECTS Credits:
- 2.5
- Responsible department:
- Faculty of Logistics
- Lecture Semester:
- Autumn
- Teaching language:
- English
- Duration:
- ½ year
LOG904-125 Transportation Infrastructure and Economic Development (Autumn 2018)
About the course
The influence that transport has on the economy has always been of interest to policymakers. It has once again emerged centre stage in governments¿ decision-making with respect to large infrastructure projects and in efforts to stimulate growth in the economy. The aim of this seminar is therefore to give students a solid grasp of the fundamentals of how, when, why and to what extent transport infrastructure affects businesses and the economy. The course will also give students practical knowledge regarding how to evaluate transport infrastructure¿s impact on the economy in a cost benefit analysis paradigm.
Topics covered: Transport-economy concepts and impacts on the firm; Regional growth theories and economy frictions; Evaluating transport infrastructure investment; Ex post evidence of economic impacts; Practical case study estimating productivity impacts on GDP; GDP and Welfare; Modelling economic impacts; Valuing economy impacts in a cost benefit analysis; Workshop on incorporating wider economic impacts; Cost benefit analysis challenges.
The course is connected to the following study programs
- Master of Science in Logistics
- Experience-based Master in Logistics
- Master of Science in Petroleum Logistics
- Exchange programme - Master's level
- Master of Science in Sustainable Transport and Urban Mobility
Recommended requirements
Transport economics, or transport planning with some economics.
The student's learning outcomes after completing the course
To have a solid grasp of how, when, why and to what extent transport infrastructure affects businesses and the economy; how and why different economy modelling methods give rise to different predictions of economy impacts; understand how to incorporate economic impacts into a transport cost benefit analysis, and the relationship between welfare and GDP appraisal metrics.
Forms of teaching and learning
Transport-economy concepts and impacts on the firm; Regional growth theories and economy frictions; Evaluating transport infrastructure investment; Ex post evidence of economic impacts; Practical case study estimating productivity impacts on GDP; GDP and Welfare; Modelling economic impacts; Valuing economy impacts in a cost benefit analysis; Workshop on incorporating wider economic impacts; Cost benefit analysis challenges.
Examination
- Form of assessment: Home assessment
- Proportion: 40%
- Duration: -
- Grouping: Group
- Grading scale: Letter (A - F)
- Support material: All printed and written supporting material
- Form of assessment: Home assessment
- Proportion: 60%
- Duration: -
- Grouping: Group
- Grading scale: Letter (A - F)
- Support material: All printed and written supporting material