Course - Transport Economics - SMF3090
Transport Economics
About
About the course
Course content
(1) Introduction to transportation systems and the economic structure of transport (2) Transport modes: assessment of Mobility vs. Accessibility concepts (3) Pricing of transport services (4) Investment analysis(e.g.Benefit/Cost Analysis (BCA),Life Cycle Cost Analysis (LCCA) (5) Transport Planning and Forecasting (6) Freight and Passenger Traffic aspects: impact on the environment (7) Urban Transportation and the socio-political issues. (8) Transport regulation and regional economic development (9) Emerging Transport technologies, their role and limitations
Learning outcome
It is expected that when the student completes this course, they should have the:
Knowledge:
- to understand the different concepts, and principles of transport economics for effective decision making
- to analyze the demand and supply of transport, both freight and passengers.
- to understand the alternative transportations models, in light of capacity, effectiveness, frequency, environment and financing.
- to evaluate and apply appropriate analytic techniques and methods in transport utility
Skills:
- to take decisions based on theory and the understanding of the field of transportation economics.
- to apply the relevant tools and models within transport for effective decision making.
General competence:
- to be able to internalize the underlying problems related to transport from an economy perspective.
- given that the course provides a broad understanding of transportation demand and cost analyses, the student should have an insight in latest innovations in logistics and transportation and show their relevance to management challenges.
Learning methods and activities
Lectures, exercise sessions and mandatory assignments.
The course requires mandatory attendance in lectures and exercise sessions. Absence must be documented and approved by course coordinator. Failing the attendance criteria requires retake of the course.
Compulsory assignments
- Mandatory assignments
Further on evaluation
4 hours written exam.
Re-sit of exam in August.
Approved obligatory assignments from earlier years are valid until substantial changes are done with respect to course content.
Specific conditions
Admission to a programme of study is required:
Business Administration (BØA)
Business Management (BØKLED-F)
Logistics Management (BLOG)
Recommended previous knowledge
SMF2291: Microeconomics
SMF2295: Macroeconomics
Course materials
will be announced at the start of the semster
Subject areas
- Economics and Administration
Contact information
Course coordinator
Lecturers
Department with academic responsibility
Department of Industrial Economics and Technology Management
Examination
Examination
Ordinary examination - Autumn 2025
School exam
The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.