Enrolment options

SPT-E4050 - Transport Economics, Lecture, 11.1.2024-15.2.2024

Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

At the end of the course, the student will be able to:
- recognize economic tools available to urban planners to influence travel behavior and minimize negative
spillovers to society
- contribute productively to discussions on the effectiveness of various contemporary transportation
policies
- analyse the social costs and benefits of public interventions in transport (and adjacent) markets

Credits: 5

Schedule: 11.01.2024 - 15.02.2024

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Prottoy Akbar

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content

  • valid for whole curriculum period:

    This course will introduce the economic concepts underlying the allocation of transportation resources today. We will study how markets for transport services operate in terms of the behavior of consumers and suppliers, when market failures lead to over- and under-provision of some services, how governments can intervene to correct these failures, and how interventions in transport markets can affect the urban space itself (such as through housing markets and residential segregation). Finally, we will learn standard econometric modeling techniques that can be used to evaluate the effects of transportation policies and interventions in sparse data settings.

    - Demand, supply and pricing of transport services
    - Externalities and market failures (such as road congestion and pollution)
    - Government interventions (such as congestion pricing and taxation)
    - Policy evaluation (using data) and cost-benefit analyses

Assessment Methods and Criteria

  • valid for whole curriculum period:

    Homework problems, in-class worksheets, a policy debate, and a final case study

Workload

  • valid for whole curriculum period:

    Will be announced in the course syllabus.

DETAILS

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

    11 Sustainable Cities and Communities

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 Spring III
    2023-2024 Spring III

    Enrollment :

    Registration for courses will take place on Sisu (sisu.aalto.fi).

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof

Guests cannot access this workspace. Please log in.