Facts about the course
- ECTS Credits:
- 2.5
- Responsible department:
- Faculty of Logistics
- Course Leader:
- Arild Hoff
- Lecture Semester:
- Autumn
- Teaching language:
- English
- Duration:
- 1 week
LOG904-125 Transportation Infrastructure and Economic Development (Autumn 2021)
About the course
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
- Master of Science in Logistics
- Experience-based Master in Logistics
- Master of Science in Sustainable Energy Logistics
- Exchange programme - Master's level
- Master of Science in Sustainable Transport and Urban Mobility
Recommended requirements
Transport economics, economics, or transport planning
The student's learning outcomes after completing the course
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
Examination
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
Form of assessment: Home assessment without presentation
-
Proportion: 60%
-
Duration: -
-
Grouping: IGroup
-
Grading scale: Letter (A - F)
-
Support material: All printed and written supporting material