1 201J - Transportation Systems Analysis: Demand and Economics

Institution:

Massachusetts Institute of Technology

Subject:

Description:

Introduces transportation systems analysis, stressing demand and economic aspects. Covers the key principles governing transportation planning, investment, operations, and maintenance. Introduces the microeconomic concepts central to transportation systems. Topics include economic theories of the firm, consumer, and market, demand models, discrete choice analysis, cost models and production functions, and pricing theory. Applications to transportation systems include congestion pricing, technological change, resource allocation, market structure and regulation, revenue forecasting, public and private transportation finance, and project evaluation; covering urban passenger transportation, freight, aviation and intelligent transportation systems.

Credits:

3.00

Credit Hours:

Prerequisites:

Prereq: Permission of instructor

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

web.mit.edu/student/

Phone Number:

(617) 253-1000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Four-one-four plan

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