Course Details

Course Code: TL7100
Course Title: Transport Economics
Short Title: Transport Economics
Course Level:: Level 7
Valid From:: 2022/2023 Sem 2
Credits:: 15
Owner: International Logistics Management
Assessment Method: Achievement
Course Aim

The course approach will provide an essential understanding of key concepts in transport economics and how they can be used to overcome issues in the transport industry area. It will develop numerical analysis techniques and a graphical understanding of the main concepts in transport economics and techniques applied by transport economists. Emphasis is given to business approach pricing strategy, market demand evaluation, differentiation of their offerings, and application of those learnings to successfully compete in the marketplace.

 

 

 

 
CILO
On Completion of this course, the learner will be able to
# Learning Outcome Description
1 Demonstrated a detailed knowledge of different concepts and principles of transport economics for effective decision making
2 To analyze the demand and supply of transport, for both freight and passengers.
3 To understand alternative transport models, considering capacity, effectiveness, frequency, environment, and financing
4 To evaluate and apply appropriate analytic techniques and methods in transport utility
Requisites
  • Pre Requisite: 45 credits at level 6 (courses from the BILM PAD only) + 15 credits of English (or equivalent)
 
Examinations
Assessment Type
Examination (Unseen)
No Other Controlled Assessments
Uncontrolled Assessments
Assessment Type
Blended Learning
Assessment Type
Project (Group/Individual)

The institute reserves the right to alter the nature and timings of assessment

Affiliated Entities
Entity Code Entity Title Entity Version Entity Type
ILM6000 Diploma in Logistics and Transport 4 Programme
ILM7000 Associate Degree in International Logistics Management 1 Programme
ILM8000 Bachelor of International Logistics Management 5 Programme
ILM8000 Bachelor of International Logistics Management 6 Programme
SCM8000 Bachelor of Supply Chain Management 1 Programme
SCM8000 Bachelor of Supply Chain Management 2 Programme