Coursebooks

Caution, these contents corresponds to the coursebooks of last year


Transportation economics

CIVIL-455

Lecturer(s) :

de Palma André Jean-Louis Julien
Geroliminis Nikolaos

Language:

English

Summary

The scope of the lecture is to provide the basic concepts in transport economics and introduce new ones for private and public transport and environmental issues. Demand, supply, welfare analysis and regulation will be illustrated.

Content

-Foundation of microeconomics: consumer behaviour, firm behaviour, cost functions, equilibrium, optimum, perfect and imperfect competition, and regulation, in classical economics and in the new economic world. 
-Transport in Europe and in the world, passenger and freight. Urban development.
- Static model in Transport. Small network (analytical): equilibrium, optimum, pricing. Cost in transport.
-Dynamic model in Transport. One route: equilibrium, optimum, pricing in the homogeneous case. Extension to take account of heterogeneity. Large scale models. Road pricing.
- Cost benefit analysis and self-financing. The 4 stage model revisited. Risk: theory, measure and applications. 
- Externalities: environmental externalities, accidents. Local and global pollution. Instruments and regulation. 
- Demand, Discrete Choice Models. Modeling demand from individuals, households and firms in the domains of transport and urban Economics. Estimation of demand using binary and multinomial models.
- LUTI Models. Modeling interactions between residential location, job and firm location, real estate prices, urban development, and transportation. Partial and general equilibrium.

 

 

Keywords

transport economics, equilibrium, Rational behaviour, competition, pricing, externalities

  

 

Learning Prerequisites

Required courses

Transportation Systems Engineering (GC-351) or Consent of the Instructor

Learning Outcomes

By the end of the course, the student must be able to:

Transversal skills

Assessment methods

 

  

 

Resources

Bibliography

Lecture notes and book chapters will be distributed during the semester

In the programs

Reference week

 MoTuWeThFr
8-9     
9-10     
10-11     
11-12     
12-13     
13-14     
14-15     
15-16     
16-17     
17-18     
18-19     
19-20     
20-21     
21-22     
Under construction
 
      Lecture
      Exercise, TP
      Project, other

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  • Autumn semester
  • Winter sessions
  • Spring semester
  • Summer sessions
  • Lecture in French
  • Lecture in English
  • Lecture in German