Five week courses - Transport Economics

Transport Economics

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COURSE DESCRIPTION

This course is generally about appraising the effects of transport on the society and conversely on the way social change influences on transport. The course provides deeper insights into the financial, economic and social viability of infrastructure and transport services and mobility, especially in the context of global impacts. We examine the diverse nature of the industries involved in the transport, quality and sustainability of transport infrastructure, as well as the planning, management and operation of transport systems with their various institutional and technical peculiarities. The issues of transport infrastructure investments, transport services charging and safety together with the transport demand modelling will be investigated, while they will be associated with the innovative methods of travel timesavings evaluation and the approximation of all-inclusive economic benefits resulting from the improved transport infrastructure and supply, with some real-world examples of applications. The role of transport in international trade, the role the economics can play in enhancing the transport logistics supply chain, the matters of transport security, environmental implications of transport supply and financing of transport networks will also be considered. Finally, the role of transport as the facilitator of economic growth will be evaluated at both the micro and macroeconomic levels.

Detailed course description is available here.

COURSE LECTURER

Associate Professor Blanka Šimundić, PhD

Lecturer CV and information is available here.

LEARNING OUTCOMES

  • Identify the interdependence of economic and transport activities and the role of the transport logistic in the economic system

  • Understand and quantify the capacity fundamentals of transport systems which determine transport infrastructure’s safety, quality and sustainability together with the optimization of the operations of these systems

  • Comment financial, economic and social viability of infrastructure and transport services and mobility for different regions

  • Evaluate operating costs and revenues of transport system businesses for different transport modes: land, air, sea and intermodal transport 2

  • Analyze and interpret the contemporary issues regarding the environmental costs of transport, optimizing traffic congestion and the choice of transport mode

  • Identify and comment current transport policy measures in accordance with economic theory and international economic practice with comparison between US and EU regulatory framework

  •  Appraise the role of the transport in the socio-economic development and achieving the UN Sustainable Development Goals (SDG)

TARGET AUDIENCE

  • Graduate students in economics (or in social sciences, technical sciences or science related fields) who intend to round out their knowledge in the field and use it in the proces of preparing dissertations.
  • Holders of undergraduate degrees or students in the last year of ther studies in economics or the social sciences who wish to study the field of behavioural economics.
  • Researchers and professionals working in the field.

CREDITS TRANSFERS (ECTS)

This FEBT Summer school program offers participants the possibility of going through evaluation process for the purspose of requesting official credit transfers (ECTS).

  • Evaluation process

Participants who wish to acquire 5 ECTS will be evaluated based on the regular and active course attendance and working on individual or group project task together with presentation and writing two mid-term exams or a written exam.

The goal of the written exam and project task is to show the necessary ability to understand financial, economic and social viability of infrastructure and transport services and mobility, especially in the context of global impacts.

CERTIFICATE OF ATTENDANCE

Participants not interested in credit transfer will instead receive the Certificate of Attendence, stating the course completed. These students will be neither evaluated nor graded.