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Applied Transport Economics


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Product Details

Promotional Information

Fully updated third edition of an established transport textbook Endorsed by the Institute of Logistics and Transport New information on Eastern Europe and SE Asia Updated and extended case studies throughout Includes a new bibliography

Promotional Information

Revised and updated to cover developments and thinking in transport economics, Applied Transport Economics examines the application of economics techniques first, to commercial transport operations, second, to public policy issues and third, to the role of transport in its wider economic context.

Table of Contents

    • Chapter - 00: Introduction;
  • Section - ONE: Transport Market Dynamics;
    • Chapter - 01: Market Demand;
    • Chapter - 02: Elasticity of Demand;
    • Chapter - 03: The Supply of Transport;
    • Chapter - 04: Pricing Policy;
    • Chapter - 05: Cost Levels and Structure - Road Transport;
    • Chapter - 06: Cost Levels and Structure - Railways;
    • Chapter - 07: Cost Levels and Structure - Airlines;
    • Chapter - 08: Forecasting Transport Demand, Revenue and Expenditure;
  • Section - TWO: Public Policy;
    • Chapter - 09: Economic Appraisal - Techniques;
    • Chapter - 10: Economic Appraisal - Valuation of Elements;
    • Chapter - 11: Public Private Partnership (PPP) Investment;
    • Chapter - 12: Funding an Integrated Transport Policy;
    • Chapter - 13: Regulation or Competition?;
  • Section - THREE: Transport and Development;
    • Chapter - 14: 19th Century Britain;
    • Chapter - 15: Transport and Economic Activity

About the Author

Professor Stuart Cole is based at the University of Glamorgan. He has been director of Transport Research and Consultancy (TraC) since its creation in 1989. He also runs a private practice specializing in transport economics, policy, planning and marketing. He is also a frequent broadcaster on BBC radio and television and has written numerous articles and published several books on transport economics and policy.


"Introduces the reader to transport economics through applications of important concepts." Journal of Economic Literature "Essential reading for managers, policymakers, and those economists interested in the practical application of theoretical models." Abstracts of Public Administration, Development and the Environment

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