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TRANSPORTATION ECONOMICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
HYM207 TRANSPORTATION ECONOMICS 3 3 3 6

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Defines the basic concepts of transport economics and the relationship between transport and economic development.
Explains the formation of demand, supply and equilibrium in the market for transport services, and the elasticity of transport demand.
Compares transport cost structures and firm behaviour under different market structures.
Explains pricing principles in transport services, environmental externalities, and regulation and subsidy policies.
Explains the basic characteristics of freight transport economics and the methods used in the appraisal of transport investments.
Explains the economic structure of transport subsystems in Türkiye and the transport policies implemented.