LOG904-125 Transportation Infrastructure and Economic Development (Autumn 2020)

ECTS Credits:: 2.5
Responsible faculty:: Avdeling for logistikk
Campus:: Molde
Course Leader:: Arild Hoff
Teaching language:: English
Study level:: {code=HN, name=Second degree level}
Duration:: ½ year

Schedule (TP) Reading list (Leganto)

Course content (abstract): Governments’ decision-making with respect to large infrastructure projects is very often interlinked with 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; Regional growth theories; Evidence of economic impacts; Practical case study estimating productivity impacts on GDP; GDP and Welfare; Valuing economy impacts in a cost benefit analysis; Workshop on incorporating wider economic impacts.

The course is connected to the following study programs

Recommended knowledge

Transport economics, economics, or transport planning

The student's learning outcomes after passing the exam

A solid grasp of how, when, why and to what extent transport infrastructure affects businesses and the economy; 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

Lectures, discussion sessions and computing workshop practicals

Exam

Form of assessment: Home assessment without presentation

Proportion: 40%
Duration: -
Grouping: Group
Grading scale: Letter (A - F)
Support material: All printed and written supporting material