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| Location: | Leeds / United Kingdom / View location on map ▾ Hide location on map ▴ | ||
| Duration: | 12 months | Start Date: | September |
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| Languages: | English | ||
The programme is designed for students with a background in economics - it deepens their existing understanding of economic methodologies and applies these to the transport sector. Students learn to use economics to first understand and then address transport issues.
The emphasis is on enabling students to apply techniques to formulate and critically analyse key policy questions, which include:
- What are the true costs of transport and how can they be measured effectively?
- Should users pay directly for their personal contribution to environmental damage?
- How does the level of taxation influence people's choice of transport?
- Has road congestion charging been a success?
- What role should the state play in owning and operating public transport?
- Which forms of transport regulation are most effective?
A set of core methodologies underpins the programme:
- Welfare economics, appraisal and cost-benefit analysis
(social welfare functions; public goods & externalities; private & social discount rates)
- Economics of production and efficiency measurement
(economies of scale, density and scope; measures of productivity and efficiency)
- Pricing of transport and network industries
(first and second best pricing; pricing for congestion and environment effects)
- Regulatory economics (forms of regulation; regulatory price reviews; public versus private ownership; approaches to de-regulation)
- Econometric analysis: theory and applied
(efficiency frontier methods; demand forecasting; discrete choice models of travel behaviour).
COMPULSORY MODULES
- Principles of Transport Economics
- Welfare Economics and Cost Benefit Analysis
- Principles of Transport Modelling
- Transport Data Collection and Analysis
- Economics of Transport Regulation
- Transport Econometrics
- Dissertation Project
TWO OPTIONAL MODULES CHOSEN FROM
- Economics of Transport Appraisal
- Freight Transport Planning and Management
- Public Transport Planning and Management
- Stated Preference Analysis Methods
- Funding for Projects
- Social Research Methods for Transport
- Transport and the Environment
- Transport in Developing Countries
You are normally required to take an English Proficiency Test.
Most European Universities recognise the IELTS test.
Take testGRE Scores are accepted at business schools worldwide. Learn more and register.
Register Now!An honours degree in economics (single/joint honours) or an honours degree in a related discipline with significant economics content.
Where English is not the applicant's first language, evidence of competence must be submitted with the application. This is typically in the form of a recent test certificate, such as IELTS, with a score of 6.5 overall and not less than 6.0 in any element. Please see the website for further details.
| Cambridge English: Advanced (CAE): | Grade C (Score: 60) |
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