eBook - ePub

Concepts of Transportation Economics

Name: Concepts of Transportation Economics
ISBN: 9789814656184

Barry E Prentice,

Darren Prokop,

332 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Concepts of Transportation Economics

Barry E Prentice,

Darren Prokop,

About this book

Transportation is the world's largest invisible industry. Modern society is completely dependent on transportation to sustain its way of life, and it is all around us constantly. Yet the economics of transportation is a mystery to most people. Why do air fares rise and fall? Why do urban transit systems struggle to survive and require such large public subsidies? Why does freight transport cost more to move in one direction than an equal distance in another? Why is the government so heavily involved in transportation? Concepts of Transportation Economics provides explanations to these queries and many more, as well-renowned experts in the field, Barry E Prentice and Darren Prokop interpret the unique dynamics underlying transportation through the lens of applied economics, and demonstrate that the operations of transportation are completely logical and obvious once the concepts that underlie business decisions and consumer reactions are explained.

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Contents:

About the Authors
Structure of the Text
Transportation and Economic Theory
Transportation, Logistics and Technology
The Demand for Transportation
Trade and Transportation Costs
Laws of Variable Proportions and Scale
Cost Economies and Traceability
Modal Supply Characteristics
Markets and Competition in Transportation
Externalities, Public Supply and Marginal Cost Pricing
Spatial and Temporal Pricing in Transportation
Product Pricing in Transportation
Transportation, Investment and Generalized Cost
Location and Land Settlement
Transportation and Government Policy
Regulatory Enforcement and Compliance

Key Features:

The concepts are presented in a graphical form, making the book accessible to students with nothing more than an introductory knowledge of economics, not requiring readers to have any mathematical background
The scope of the concepts explained is global and holistic. While some mode-specific treatment is necessary to explain differences in the reaction of different means of transport, the purpose is to introduce applications of modern economic theory in order to understand how the world works around us
Succinct and concise writing, allowing the entire text to be covered in a single semester, with the added feature of exercises and examples at the end of every chapter

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Yes, you can access Concepts of Transportation Economics by Barry E Prentice, Darren Prokop in PDF and/or ePUB format, as well as other popular books in Business & Operations. We have over one million books available in our catalogue for you to explore.