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Transportation Economics TDMT 2203

Transportation and Distribution Course

International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

Course details

This course provides an understanding of the major economic issues involved in the provision of transportation services. The course will analyze the factors which determine the supply and demand for these services. Both practical and theoretical aspects of transportation economics, including both the domestic and international scenes, will be undertaken. Emphasis will be placed on applying these economic concepts to transportation problems. This course is 36 hours in the classroom and 12 hours online using the BCIT Learning Hub system

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

4.0

Domestic fees

$560.10

Course offerings

Winter 2024

Below is one offering of TDMT 2203 for the Winter 2024 term.

CRN 91080

Duration

Tue Mar 19 - Tue May 28 (11 weeks)

  • 11 weeks
  • CRN 91080
  • Domestic fees $560.10
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Mar 19 - May 28 Tue 18:00 - 21:30 Burnaby NE01 Rm. 209
Mar 19 - May 28 N/A N/A Online
Instructor

Jackie Li

Course outline

View

Credits

4

Domestic fees

$560.10

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. This course will consist of 3.5 hours in-person lectures and one hour online assignments outside of lecture time.
Status

Learning Outcomes

At the end of this course, the student will be able to:

  • Determine the significance of transportation services in the economy:
    • Identify the economic value of goods due to transportation
    • Recognize the impact of transport on the Canadian Economy
    • Interpret the trends in transportation services
  • Discuss the demand for freight and passenger services.
    • Describe the measurement of freight and passenger demand.
    • Analyze aggregate demand and demand elasticity
    • Explain the elasticity of demand for transport
    • Explain the characteristics of transport demand
    • Identify problems due to non-uniform demand
  • Discuss economic costs and their implications in price determination
    • Distinguish between accounting, economic and social costs
    • Distinguish between cost-of-service and value-of-service pricing.
    • Discuss pricing factors, strategies, and techniques in transportation
  • Apply cost-benefit principles to choose between alternate investment proposals.
    • Identify tangible vs. non-tangible costs
    • Identify when to use cost benefit analysis vs. other selection techniques
  • Analyze the cost/economic characteristics of transport carrier operations
  • Determine cost factors for intermodal movements
    • Describe ocean transport costs.
    • Identify additional intermodal costs
  • Describe the impact of international economic activities on transport decisions
    • Identify the impact of government intervention
    • Compare the impact of economic regulation vs. deregulation of transportation.

Effective as of Fall 2005

Related Programs

Transportation Economics (TDMT 2203) is offered as a part of the following programs:

School of Business + Media

  1. Global Business Studies
    Associate Certificate Part-time
  2. International Trade and Transportation Logistics
    Certificate Part-time

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