Synopses & Reviews
Transport Economicsintroduces students to the key areas of the transport sector, combining lucid explanation of theory with detailed case studies from across the European Union. The book applies microeconomic theory and isaimed at students taking their first course in the subject.
Synopsis
This examination of transport economics brings alive economic theories for students, elucidating traditional concepts by applying them to a real world context. It examines the microeconomic concepts that underpin this sector and the implications for transport markets with real examples from across the EU.
Accompanying online resources for this title can be found at bloomsburyonlineresources.com/transport-economics. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.
About the Author
GRAHAM MALLARD is currently part of the PhD programme at the University of Bathand holds degrees in Economics and Education from Cambridge University and the University of Sunderland, UK. He is an experienced teacher of transport economics at a range of levels.
STEPHEN GLAISTER CBE is Professor of Transport and Infrastructure at Imperial College, University of London, UK. He is an eminent transport economist and adviser to Transport for London.
Table of Contents
Foreword - Professor Geoff Harcourt of Jesus College, The University of Cambridge
Introduction
PART ONE: SETTING THE SCENE
The History of Transport
The Importance of Transport
PART TWO: THE THEORY OF MARKETS
The Demand for Transport
Markets, Costs and Revenues
Competition and Contestability
Monopoly
Monopolistic Competition
Oligopoly
Mathematical Appendix
PART THREE: MARKET FAILURE
Externalities
Public and Demerit Goods
Inequality and Asymmetric Goods
PART FOUR: POLICY
Privatisation and Deregulation
Project Appraisal - Cost-Benefit Analysis
Transport Investment
General Forms of Government Intervention
Tackling Traffic Congestion
PART FIVE: THE FUTURE