MPE_TREN Transport economics

Faculty of Economics and Administration
Autumn 2024
Extent and Intensity
1/1/0. 5 credit(s). Type of Completion: zk (examination).
In-person direct teaching
Teacher(s)
prof. Ing. Zdeněk Tomeš, Ph.D. (lecturer)
Guaranteed by
prof. Ing. Zdeněk Tomeš, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics – Faculty of Economics and Administration
Timetable
Tue 14:00–15:50 S309, except Tue 17. 9., except Tue 5. 11.
Prerequisites
Prior knowledge of microeconomics is beneficial but not required, as essential concepts are thoroughly explained in the course textbook, Transport Economics by Cowie. Similarly, a basic understanding of statistics and econometrics can enhance your comprehension of the case studies, but it is not essential for successfully completing the course.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 25 student(s).
Current registration and enrolment status: enrolled: 21/25, only registered: 0/25
fields of study / plans the course is directly associated with
Course objectives
This course offers a comprehensive exploration of transportation economics by delving deeply into the relevant literature, integrating theoretical frameworks with practical applications. Through a rich array of case studies, students will engage with key economic principles, assess testable hypotheses, and critically analyze econometric findings. Each case study is further contextualized within the broader implications for public policy, fostering a nuanced understanding of how economic theories translate into real-world transportation issues. This approach provides students with a robust foundation in transportation economics, equipping them with the analytical tools necessary for both academic and professional pursuits in the field.
Learning outcomes
This course enables students to: Understand both the theory and practice of transport markets; Comprehend and critically assess public policy in the transport sector; Read, interpret, and evaluate academic papers in the field of transport economics; Discuss and apply relevant microeconomic concepts to issues within the transport sector; Develop, write, and defend an empirical project in transport economics. This course enables students to: Understand both the theory and practice of transport markets; Comprehend and critically assess public policy in the transport sector; Read, interpret, and evaluate academic papers in the field of transport economics; Discuss and apply relevant microeconomic concepts to issues within the transport sector; Develop, write, and defend an empirical project in transport economics.
Syllabus
  • Lecture 1: Markets
  • Lecture 2: Demand Elasticity
  • Lecture 3: Transport Demand
  • Lecture 4: Transport Costs
  • Lecture 5: Competition 1
  • Lecture 6: Competition 2
  • Lecture 7: Regulation and Ownership
  • Lecture 8: Pricing
  • Lecture 9: Subsidy
  • Lecture 10: Environment and Freight
  • Lecture 11: Forecasting
  • Lecture 12: Appraisal
Literature
  • BUTTON, Kenneth. Transport Economics. 4th edition. Edwar Elgar Publishing, 2022, 592 pp. ISBN 1-78643-568-3. info
  • COWIE, Jonathan. The economics of transport : a theoretical and applied perspective. Edited by Stephen Ison - Tom Rye - Geoff Riddington. 1st ed. London: Routledge, 2010, xv, 384. ISBN 9780415419802. info
Teaching methods
The course utilizes a combination of lectures, seminars, seminar discussions, and an empirical project to enhance learning. The lectures provide foundational knowledge, while seminars offer a space for interactive discussions and deeper exploration of the material. The empirical project allows students to apply theoretical concepts to real-world scenarios, fostering practical understanding and analytical skills.
Assessment methods
Assessment Methods: Class Attendance (24 points total, 16 points minimum) Attendance is mandatory, with each session contributing to your final grade. Class Participation (6 points total, 3 points minimum) Active engagement in discussions and exercises during lectures and seminars. Empirical Project Quality (20 points total, 10 points minimum) Evaluation based on the depth and rigor of your analysis in the empirical project. Empirical Project Defense (10 points total, 5 points minimum) Presentation and defense of your empirical project findings. Written Exam (40 points total, 20 points minimum) Covers lecture content and core textbook material, assessing your overall understanding. Total Points: 100 Minimum Required: 54 For students being abroad - class attendance and activity can be replaced by homeworks.
Náhradní absolvování
For students being abroad - class attendance and activity can be replaced by homeworks.
Language of instruction
English
Further Comments
Study Materials
The course is taught annually.
The course is also listed under the following terms Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023.
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