Transportation Economics

Course Information
TitleΟΙΚΟΝΟΜΙΚΗ ΤΩΝ ΜΕΤΑΦΟΡΩΝ / Transportation Economics
SchoolCivil Engineering
Cycle / Level1st / Undergraduate
Teaching PeriodWinter
Course ID20000217

Programme of Study: PPS TMĪMATOS POLITIKŌN MĪCΗANIKŌN (2018-2019)

Registered students: 52
OrientationAttendance TypeSemesterYearECTS
Division of Structural EngineeringElective Courses954
Division of Hydraulics and Environmental EngineeringElective Courses954
Division of Geotechnical EngineeringElective Courses954
Division of Transport and Project ManagementElective Courses954

Class Information
Academic Year2019 – 2020
Class PeriodWinter
Faculty Instructors
Instructors from Other Categories
Weekly Hours3
Class ID
1. ΤΣ1800
Course Type 2016-2020
  • Background
  • General Knowledge
  • Scientific Area
Course Type 2011-2015
Knowledge Deepening / Consolidation
Mode of Delivery
  • Face to face
The course is also offered to exchange programme students.
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Examination)
Learning Outcomes
Upon the successful completion of the course, the students will be able: • to describe the basic concepts and definitions of Transportation Economics such as elasticity, cost, pricing of transport services, etc. • to know the transport policy of the European Union, its exercise bodies, its main objectives and means of implementation, and the organization of the transport system in the context of the Greek economy, • to understand the terms of competition in freight transport in Greece, and • to apply investment evaluation methods in the field of transport, such as cost-benefit analysis (method of net present value, cost-benefit ratio, internal rate of return, etc.) and multicritical analysis methods.
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Make decisions
  • Work autonomously
  • Work in teams
  • Design and manage projects
Course Content (Syllabus)
Introduction to Transport Economics, basic concepts and definitions , elasticities, cost, pricing of transport services. Transport policy in E.U. , policy bodies and institutions, basic objectives and means to realize it. Transport in the frame of Hellenic Economy. Competition terms in freight transport in Greece. Investment evaluation methods in the transport sector. Cost-benefit analysis (present value method, cost-benefit ratio, Internal Rate of Return (IRR), etc.), multi-criteria analysis.
Educational Material Types
  • Notes
  • Book
  • Power Point Presentations
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Communication with Students
Power point presentations Presentation of informative material in terms of movie files Communication with students via email
Course Organization
Written assigments120.4
Student Assessment
Written tests Writing of an optional brief study
Student Assessment methods
  • Written Exam with Short Answer Questions (Formative, Summative)
  • Written Assignment (Formative, Summative)
  • Performance / Staging (Formative, Summative)
  • Written Exam with Problem Solving (Formative, Summative)
Course Bibliography (Eudoxus)
1. Οικονομική των Μεταφορών, Έκδοση: 4η εκδ./2008, Συγγραφείς: Προφυλλίδης Βασίλης
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