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Established 1967

Applied Transport Economics

Applied Transport Economics

Policy Management and Decision Making

Stuart Cole


Revised and updated to cover developments and thinking in transport economics, Applied Transport Economics examines the application of economics techniques first, to commercial transport operations, second, to public policy issues and third, to the role of transport in its wider economic context.

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About the book

This third edition of Applied Transport Economics has been completely revised and updated to cover the latest developments and thinking in transport economics. Professor Stuart Cole examines the application of economics techniques first to commercial transport operations, and second to public policy issues such as investment, integrated transport and competition, and third to the role of transport in its wider economic context.

The style and approach, which proved so popular in the first two editions has been retained. This approach provides a transport economics text book for a) managers who are not familiar with economics techniques, b) students preparing for examinations in transport and other areas of business and public policy where an applied approach to economics is required, and c) economists entering the transport field. Fully and extensively updated throughout, this third edition will contain: *new information on SE Asia and Eastern Europe *updated and extended case studies *a new bibliography; *an extended further reading section.

Table Of Contents

    • Chapter - 00: Introduction;
  • Section - ONE: Transport Market Dynamics;
    • Chapter - 01: Market Demand;
    • Chapter - 02: Elasticity of Demand;
    • Chapter - 03: The Supply of Transport;
    • Chapter - 04: Pricing Policy;
    • Chapter - 05: Cost Levels and Structure – Road Transport;
    • Chapter - 06: Cost Levels and Structure – Railways;
    • Chapter - 07: Cost Levels and Structure – Airlines;
    • Chapter - 08: Forecasting Transport Demand, Revenue and Expenditure;
  • Section - TWO: Public Policy;
    • Chapter - 09: Economic Appraisal – Techniques;
    • Chapter - 10: Economic Appraisal – Valuation of Elements;
    • Chapter - 11: Public Private Partnership (PPP) Investment;
    • Chapter - 12: Funding an Integrated Transport Policy;
    • Chapter - 13: Regulation or Competition?;
  • Section - THREE: Transport and Development;
    • Chapter - 14: 19th Century Britain;
    • Chapter - 15: Transport and Economic Activity

Book Details

  • EAN: 9780749439644
  • Edition: 3
  • Published: 3rd June 2005
  • Paperback
  • Dimensions: 234x156
  • 464 pages

About the Author

Professor Stuart Cole is based at the University of Glamorgan. He has been director of Transport Research and Consultancy (TraC) since its creation in 1989. He also runs a private practice specializing in transport economics, policy, planning and marketing. He is also a frequent broadcaster on BBC radio and television and has written numerous articles and published several books on transport economics and policy.

Stuart Cole