MIT11 545 - Transportation Systems Analysis: Demand and Economics

Description
Covers the key principles governing transportation systems planning and management. 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 - including congestion pricing, technological change, resource allocation, market structure and regulation, revenue forecasting, public and private transportation finance, and project evaluation - cover urban passenger transportation, freight, maritime, aviation, and intelligent transportation systems. Course site: NOURL
Credits
12
Schedule Planner
Recent Semesters
Fall 2018
Avg. Class Size
999
Avg. Sections
1