TRA730 Transport Economics (Autumn 2021)

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 advanced knowledge of 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

• Master of Science in Logistics
• Exchange programme - Master's level
• Master of Science in Sustainable Transport and Urban Mobility

Required prerequisite knowledge

As for admission to master in Sustainable Transport and Urban Mobility.

Recommended requirements

As for admission to master in Sustainable Transport and Urban Mobility. An introductory
course in microeconomics is advantageous.

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 economic analysis of transport systems
• have obtained knowledge about the strengths and weaknesses of different analytical methods and models.
• 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

Coursework requirements - conditions for taking the exam

Mandatory coursework: Report(s)

• Courseworks given: 2-4

• Courseworks required: 2-4

• Presence: Not required

• Comment: 2-4 short essays covering central themes of the course. Further details will be distributed at the beginning of the course.

Examination

Form of assessment: Written school assessment

• Proportion: 100%

• Grouping: Individual

• Grading scale: Letter (A - F)

Syllabus

Pensumoversikt

• TRA730 Transport Economics