| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| HYM207 | TRANSPORTATION ECONOMICS | 3 | 3 | 3 | 6 |
Objectives and Contents |
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| Objectives: | The aim of the course is to examine transport services through microeconomic and macroeconomic analytical tools; to provide a theoretical perspective on demand, cost, market structure and pricing analyses as well as on regulation, subsidy, environmental externalities and the appraisal of transport investments; and to analyse the transport subsystems and transport policies of Türkiye from an economic point of view. |
| Content: | The course covers microeconomically based topics such as demand, supply and equilibrium in the market for transport services, demand elasticity, cost structures, firm behaviour under perfect and imperfect competition, and pricing; together with the relationship between transport and economic development, environmental externalities, regulation and ownership structures, subsidy policies, the economics of freight transport, the appraisal of transport projects, and transport subsystems and transport policies in Türkiye. |