2014 Unit of Study
The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).
The University of Sydney session calendar shows exact dates for sessions.
|Logistics & Transport Economics|
|Corequisites||ITLS5200 or TPTM6495|
|Lectures||9 x 3.5 hour lectures, 3 x 3.5 hour workshops. Refer to timetable for full details.|
|Assessment||In-class quizzes (x4) (20%), final report (25%), final presentation (30%), take home exam (25%)|
|Description||Economic concepts within a setting of logistics and transport systems are part of the essential toolkit necessary to inform efficient and effective strategic and policy outcomes. Markets and the regulatory process define key elements of how an economy can influence the performance of logistics and transport businesses. This unit focuses on identifying frameworks and concepts drawn from the mainstream economics discipline that are of especial relevance to the study of the structure, conduct and performance of logistics and transport businesses in both the private and public sectors, as well as the passenger and freight sectors. Major themes include the regulatory and institutional environment, the role of markets and competition, understanding demand for services, the role of pricing, and how to establish appropriate costs in service provision.|