Programme info

Micro-credential: Transport policy

Course content

TRANSPORT POLICY AS PART OF GENERAL ECONOMIC POLICY
- Transport as the favoured tool
- First best: exclusively direct measures
- Second best: indirect measures
- European transport policy
CHARGING FOR EXTERNAL COSTS
- Justification of charges for external costs
- Composition of the marginal external cost
- Marginal congestion cost
- Marginal infrastructure cost
- Marginal environmental cost
- Marginal accident costs
- Second best solutions
TAXATION METHODS AND ALTERNATIVE MEASURES
- Taxation methods
- Costs and benefits of a levy
- Measures besides taxaton
- The path to equilibrium
- Second-best solutions
PRICING POLICY
- Short or long term?
- Capacity restrictions
- Stochastic fluctuations in demand
- Joint suppliy
- Decreasing costs
- Second-best solutions
INFRASTRUCTURE POLICY
- Direct costs and beneits
- Indirect costs and benefits
- Measuring willingness to pay
- Discounting
- Project selection
- Multicriteria analysis

Learning outcomes

This micro-credential focuses on the following learning outcomes.

1. The participant will gain understanding of transport policy witin the context of broader economic policies, including on the European level.

2. The participant will acquire knowledge about the justification and calculation of charging for external costs, understanding of taxation methods, and pricing policies in transport.

3. The participant will gain understanding of infrastructure policy, encompassing both its direct and indirect costs and benefits. The participant will learn how to measure willingness to pay for transportation infrastructure and perform project evaluation and selection using adequate tools.

Practical organisation

Contact moments:

Lectures

The planning of the lessons is communicated via Blackboard.

Evaluation

Evaluation methods used

Exam

In writing without oral explanation

  • Closed book
  • Open questions

Evaluation criteria

  • The written exam counts for 100% of the total score.
  • To pass, a total score of at least 10 out of 20 must be achieved.
  • The exam assesses knowledge, insight and application skills.
  • The learning material includes everything that is explained in class, as well as all study material that is put on blackboard.
  • Students only use writing materials during the exam.
  • Students are expected to have taken note of the OER.

Upon request, an alternative form of evaluation can be provided for working students or people abroad.