Transportation Policy, Planning, and Mangagement
Provides an overview of the issues involved in transportation policy and planning, as well as an introduction to the skills necessary for solving the various analytic and managerial problems that are peculiar to this area. The course is organized around six problems: analyzing the market for a service; costing and pricing; controlling congestion and pollution; transport and land use; investment evaluation; and the regulation of private carriers. Examples are drawn from both urban and inter-city passenger and freight transportation. One-quarter of the classes are lectures and three-quarters are case discussions. Prerequisite: Microeconomics at the level of API-101 and of API-105 is assumed.