Logistics & Transport Economics (ITLS6100)

UNIT OF STUDY

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.

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Further unit of study information

Classes

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%)

Faculty/department permission required?

No

Unit of study rules

Prohibitions

TPTM6130

Corequisites

ITLS5200 or TPTM6495

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Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

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Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.

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