COURSE OUTLINE. EC 550 or consent of instructor. Unconditional standing required.

Transcription

1 CALIFORNIA STATE POLYTECHNIC UNIVERSITY, POMONA Course Title: Seminar in Transportation Economics Date of Preparation: May 2009 Prepared by: Anne Bresnock COURSE OUTLINE I. Catalog Description (4) Demand and supply of transportation; transport cost and price analysis; transportation regulation -- past, present, and proposed; economic aspects and evaluation of public and private modes of transportation -- domestic and international; economic analysis of future directions for transportation systems. 4 seminars. Prerequisites: EC 550 or consent of instructor. Unconditional standing required. II. Required Background or Experience EC 550 or consent of instructor. Unconditional standing required. III. Expected Outcomes Students in will: a) identify and summarize the history of U.S. and foreign transportation economics policy, b) characterize and examine public and private transportation modes in the U.S. and abroad, ie. motor carriers, railroads, air carriers, water carriers, pipelines, intermodal and special carriers, c) summarize the functions of state and federal transportation agencies, d) apply microeconomic theory to practical transportation problems, e) review methods of measurement, modeling, and evaluation of economic aspects pertinent to public and private transportation modes, and e) identify current transportation problems and possible solutions. IV. Text and Readings Texts: Boyer, K. D. Principles of Transportation Economics (Menlo Park, CA: Addison- Wesley, 1998).

2 Page 2 Button, K. Transport Economics, 2nd Ed. (Northhampton, MA: Edward Elgar Publishing Company, 1993). Gomez-Ibanez, J. A., W. B. Tye, and C. Winston, Eds. Essays in Transportation Economics and Policy: A Handbook in Honor of John R. Meyer (Washington, D.C.: The Brookings Institution, 1999). McCarthy, P. S. Transportation Economics: Theory and Practice: A Case Study Approach (San Francisco, CA: Wiley-Blackwell, 2001) McMullen, B. S., Ed. Research in Transportation Economics, (Greenwich, CT: JAI Press Inc., 1999). Mohring, H. The Economics of Transport (Northhampton, MA: Edward Elgar Publishing Company, 1994). Readings: Alder, H. Economic Appraisal of Transport Projects: A Manual with Case Studies, Revised and Expanded Edition (Baltimore, MD: Johns Hopkins University Press, 1987). Alleman, R. and R. Garren Bibliography: Livability, Sustainable Develoopment and Smart Growth, (Washington, D.C.: Research and Technology Administration, 2009). Banister, D. and J. Berechman Transport in A Unified Europe (New York: Elsevier Science Publishers, 1993). Banister, D. and K. Button, Eds. Transport, the Environment and Sustainable Development (New York: E. and F.N. Spon, 1993). Berechman, J. Public Transit Economics and Deregulation Policy (New York: Elsevier Science Publishers, 1993). Carlson, D., and L. Wormser and C. Ulberg At Road's End: Transportation and Land Use Choices for Communities (Covelo, CA: Island Press, 1995). Davis, G. M. and W. A. Cunningham A Primer on Highway Finance (Lanham, MD: University Press of America, 1994). Diebold Institute for Public Policy Studies, Inc. Transportation Infostructures (Westport, CT: Quorum Books, 1995).

3 Page 3 Downs, A. Still Stuck in Traffic: Coping with Peak-Hour Traffic Congestion (Washington, D.C.: The Brookings Institution, 2004). Eno Foundation Transportation in America, 20th Edition (Washington, D.C.: Eno Foundation for Transportation, Inc., 2007). Gomez-Ibanez, J. and J.R. Meyer Going Private: The International Experience with Transport Privatization (Washington, D.C.: The Brookings Institution, 1993). Grant, S., C. Bamford, and F. I. Nixson Transport Economics, 4 th Ed. (Oxford, U.K.: Heinemann Educational Publishers, 2006). Grieco, M. and P. Jones, Eds. Transport Technology in an Integrating Europe (Brookfield, VT: Avebury, 1996). Harper, C. Transportation in America: Users, Carriers, Government (Englewood Cliffs, NJ: Prentice Hall, 1978). Lambert, D. M. and J. R. Strategic Logistics Management, 3rd Edition (Chicago, IL: Irwin, 1993). Lochlin, D. P. Economics of Transportation, 7th Edition (Homewood, IL: Richard D. Irwin, Inc., 1972). Meyer, M. and E. Miller Urban Transportation Planning: A Decision-Oriented Approach (San Francisco, CA: McGraw-Hill, 1984). Mizutani, F. Japanese Urban Railways: A Private-Public Companion (Brookfield, VT: Avebury, 1994). Morrison, S. and C. Winston The Evolution of the Airline Industry (Washington, D.C.: Brookings Institute, 1995). National Transportation Policy Study Commission National Transportation Policies Through the Year 2000 (Washington, D.C.: U.S. Government Printing Office, 1979). Nivol, P. and R. Crandall The Extra Mile: Rethinking Energy Policy for Automotive Transportation (Washington, D.C.: Brookings Institute, 1995). OECD, Transport, Urban Form, and Economic Growth Report of the One Hundred and Thirty Seventh Round Table on Transport Economics (Paris, FR: OECD Publishing, 2007).

4 Page 4 References: Pierce, R. J., Jr. and E. Gellhorn Regulated Industries in A Nutshell, 4th Edition (Boulder, CO: West Publishing, 1999). Porter, R. C. Economics at the Wheel: The Costs of Cars and Drivers (New York, NY: Academic Press, 1999). Quinet, E. and R. W. Vickerman Principles of Transport Economics (Northhampton, MA: Edward Elgar Publishing, 2005). Research and Innovative Technology Administration, National Transportation Library, Shaw, S. Transport Strategy and Policy (Oxford, U.K.: Blackwell Publishers, 2002). Small, K. A. and E. Verhoef The Economics of Urban Transportation (Oxford, U.K. Routeledge, 2007). Small, K. A. C. Winston and C. A. Evans Road Work: A New Highway Pricing and Investment Policy (Washington, D.C.: The Brookings Institution, 1989). Sperling, D. Future Drive (Covelo, CA: Island Press, 1995). U.S. Department of Transportation Strategic Plan (Washington, D.C.: U.S. Government Printing Office, 2006). Wells, A. T. Air Transportation: A Management Perspective, 3rd Edition (Williston, VT: AshgatePublishing Company, 2007). Wood, D. E. and J. C. Johnson Contemporary Transportation, 5 th Ed. (Upper Saddle River, N.J.: Prentice-Hall Inc., 1996). American Economist American Economic Review Economic Geography International Journal of Transportation Economics Journal of Industrial Economics Journal of Law and Economics Journal of Regulatory Economics Journal of Transport Economics and Policy Journal of Urban Economics Rand Journal of Economics

5 Page 5 Regional Science and Urban Economics Transportation Journal Transportation Research Record V. Minimum Student Materials Textbooks, notebooks and access to library references and computer facilities. VI. Minimum College Facilities Classroom suitable for lecture/problem-solving sessions equipped with audio-visual equipment and computer facilities, ie. "smart" classroom. VII. Course Outline A. Introduction to Transportation Economics 1. Importance of Transportation 2. Types of Transportation Modes 3. Trends in Transport Mode Usage and Development B. Demand and Supply of Transportation 1. Modal Use and Service Characteristics 2. Modal Use and Service Measurement Issues 3. Modal Use and Service Modeling Procedures C. Transportation Regulation: Past, Present and Proposed 1. Economics of Regulation 2. Economics of Deregulation 3. Antitrust: Major Cases and Development D. Economic Aspects and Evaluation of Public and Private Modes of Transportation - - U.S. and International 1. Market Structure Considerations

6 Page 6 2. Cost Concepts, Objectives, and Analysis 3. Pricing Concepts, Objectives, and Analysis 4. Rate Making Cases and Evaluation E. Economic Analysis of Future Transportation Systems and Technologies 1. Strategic Economic Variables 2. Modal Trends 3. Future Systems VIII. Instructional Methods There are four methods of instruction: a) instructor-led seminar/discussions of text and reference required readings with student input recorded in journals, b) student presentations of term paper findings with peer comment recorded in journals, c) a 10 page term paper that includes a statement of purpose, annotated bibliography, and presentation of the paper's findings to the seminar group, and d) essay and problem-solving midterm and final examinations. IX. Evaluation of Outcomes There are two methods of evaluation: a) two take-home essay examinations concerning the development of transportation policy issues to be no more than 10 pages in length, and b) a term paper on a transportation economics problem to be no more than 15 pages in length.