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TDMT 2203 - Transportation Economics

Transportation and Distribution Part-time Studies Course

School of Business

Course Details

This course provides an understanding of the major economic issues involved in the provision of transportation services. The course will analyse 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.

Credits

4.0

Cost

$488.11

Winter 2018

Below is one offering of this course for the Winter 2018 term.

CRN 12029

Wed Jan 10 - Wed Mar 28 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 10 - Mar 28 Wed 18:45 - 21:45 BBY SE06 Rm. 114

Instructor

Ron Pepper

Course Outline

Cost

$488.11

This course offering is in progress. Please check back next term or subscribe to receive email updates.

In Progress

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

  1. International Business Management (Global Supply Chain Option)
    Full-time   Diploma
  2. International Business Management (International Business Option)
    Full-time   Diploma
  3. International Trade and Transportation Logistics
    Part-time   Certificate

School of Health Sciences

  1. Food Safety
    Part-time   Associate Certificate

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Winter 2018

Books for Winter 2018 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Concepts Of Transportation Economics
Author Barry E Prentice, Darren Prokop
Publisher World Scientific Publishing
Copyright 2016
Binding Hardback
ISBN 978-9-81465-616-0
Price $102.50
Required

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Registration News

Registration is currently open for the Winter 2018 term.

A sneak preview of Spring/Summer 2018 term courses is also now available here.

Students may register for Spring/Summer 2018 term courses online, by phone, mail or in-person starting Wed, Feb 21 at 9:00 am (PST).

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