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TDMT 2203 - Transportation Economics

Transportation and Distribution Part-time Studies Course

School of Business + Media

To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. All PTS classes are being delivered in an online format unless you are notified otherwise.

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

Credits

4.0

Cost

$512.39

Spring/Summer 2021

Below is one offering of this course for the Spring/Summer 2021 term.

CRN 66213

Tue Jun 22 - Tue Aug 03 6 Weeks

Class Meeting Times

Dates Days Times Locations
Jun 22 - Aug 03 Tue/Thu 17:30 - 21:30 Online Delivery
See Notes below

Instructor

Jackie Li

Course Outline

Cost

$512.39

Notes

  1. This class will consist of 3 hours lecture and one hour of assignments
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

3 seats remaining as of May 10, 2021 5:59 pm (PDT). Availability may change at any time.

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

TDMT 2203 is offered as a part of the following programs:

School of Business + Media

  1. International Trade and Transportation Logistics
    Part-time   Certificate

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Registration is currently open for the Spring/Summer 2021 term.

The sneak preview for the Fall 2021 term starts Fri, May 21 at 8:30 am (PDT).

Students may register for Fall 2021 term courses online or by phone starting Wed, May 26 at 9:00 am (PDT).

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