CIV5315 Applied transport economics
Faculty of Engineering
CIV5315 Applied transport economics is a level 5, 6-credit-point, postgraduate unit from the Faculty of Engineering, offered in 2021 in Semester 1 at Clayton. It has no prerequisites.
- Credit points
- 6
- Offered in 2021
- Semester 1
- Clayton
- Assessment
- No exam
- 4 tasks
- Workload
- 150 hours
- per semester
This is the 2021 handbook entry. See the 2022 entry.
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Overview
This unit applies transport economics concepts and principles to contemporary issues in transport operations, infrastructure investment and policy decision-making. Fundamental concepts and methods relevant to analysis of transport demand, cost, pricing, investment analysis and decision-making are considered. The central role of regulations in the operations of markets and transport operations is examined as are the forms and impacts of different types of government intervention e.g. (de)regulation and privatisation.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | De |
Assessment
- Assignment 1Threshold hurdle15%
- Assignment 2Threshold hurdle20%
- Assignment 3: Contribution to online discussionsThreshold hurdle15%
- Final assessmentThreshold hurdle50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Distinguish the economic characteristics of transport operations involving the movement of people or freight;
- 2
Differentiate the factors influencing transport/travel demand and their relevance to modelling the demand for transport;
- 3
Apply cost concepts to decision-making for transport operations and investment;
- 4
Apply cost-benefit analysis principles to transport decision-making applications;
- 5
Assess the implications of market structure on the supply and demand for transport services.
Workload and teaching
- Teaching approachProblem-based learning
Minimum total expected workload to achieve the learning outcomes for this unit is 150 hours per semester typically comprising a mixture of 4-6 hours of scheduled learning activities and 6-8 hours independent study per week. Scheduled activities may include a combination of teacher-directed learning, peer-directed learning and online engagement. Independent study may include associated readings, assessment and preparation for scheduled activities.
Learning resources
Required resources
Cowie, Jonathon (2010). The Economics of Transport – A theoretical and applied perspective. (Publisher: Routledge)
Contacts
- Unit Coordinators
- Professor Geoffrey Rose
- Chief Examiners
- Professor Geoffrey Rose
Common questions
What are the prerequisites for CIV5315?
CIV5315 has no prerequisites.
When is CIV5315 offered?
In 2021, CIV5315 runs in Semester 1 at Clayton.
How much work is CIV5315?
The handbook expects about 150 hours of study across the semester. No students have rated its difficulty yet.
Does CIV5315 have an exam?
No. CIV5315 has 4 assessment tasks and no exam.