1.201 Transportation Systems Analysis: Demand and Economics
Covers the key principles governing transportation systems planning and management. Introduces the microeconomic concepts central to transportation systems. Topics include economic theories of the firm, consumer, and market, demand models, discrete choice analysis, cost models and production functions, and pricing theory. Applications to transportation systems - including congestion pricing, technological change, resource allocation, market structure and regulation, revenue forecasting, public and private transportation finance, and project evaluation - cover urban passenger transportation, freight, maritime, aviation, and intelligent transportation systems.
This class has no prerequisites.
1.201 will be offered this semester (Fall 2018).
Lecture occurs 2:30 PM to 4:00 PM on Tuesdays and Thursdays in 2-105.
This class counts for a total of 12 credits.
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