Introductory course in Microeconomics
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 a thorough introduction to 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.
After the course, the student will:
have knowledge and understanding of the analytical tools used in transport economic analysis
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.
Two to four hours of lectures and/or exercises per week
|Form of assessment||Grouping||Duration||Type of duration||Grading scale||Proportion||Comment||Supported material||Support material|
|School assessment||Individual||4||hours||Letter (A - F)||100||Calculator with empty memory + general dictionary in mother tongue/Norwegian/English in paper version|
|Karakterskala:||Letter (A - F)|
|Hjelpemidler:||Calculator with empty memory + general dictionary in mother tongue/Norwegian/English in paper version|