Facts about the course
- ECTS Credits:
- 7.5
- Responsible department:
- Faculty of Logistics
- Lecture Semester:
- Autumn
- Teaching language:
- English
- Duration:
- ½ year
TRA310 Transport Economics (Autumn 2019)
About the course
In Transport Economics, we study the use of resources in the transport sector, how transport costs effect travel behaviour and transport choices and how transport costs and the design of the transport system affects the rest of society.
The course aims at giving a thorough introduction to models that can be used in the analysis of demand and supply of different transport modes for passenger- as well as freight transport. In addition, the course will give an understanding of transport costs and their role in different markets. The course will also provide knowledge on the principles of optimal prizing in transport, including pricing of transport services under different conditions and the pricing of externalities. Furthermore, the course will give an introduction to Cost-Benefit analysis and its role in analysing changes in the transport sector.
The course is connected to the following study programs
- Bachelor in Logistics and Supply Chain Management
- Bachelor in Economics and Business Administration
- Individual Study Courses/Part- time studies
- Exchange programme - Bachelor's level
Recommended requirements
Introductory course in Microeconomics
The student's learning outcomes after completing the course
After the course, the student will:
-
have knowledge and understanding of the analytical tools used in transport economic analysis
-
be able to use the analytical tools in transport economics in the analysis of specific empirical problems
-
be able to understand the how the government can affect the transport sector through different policy instruments
-
be able to understand how transport policy and the transport system affect rest of society.
Forms of teaching and learning
Two to four hours of lectures and/or exercises per week
Examination
Form of Assessment: Written school assessment
Grouping: Individual
Duration: 4 hours
Grading scale: Letter (A-F)
Proportion: 60%
Supporter Material: Calculator with empty memory + general dictionary in mother tongue/Norwegian/English in paper version
Form of Assessment: Home assessment
Grouping: Group
Duration: Semesters
Grading scale: Letter (A-F)
Proportion: 40%
Supporter Material: All printed and written supporting material