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Transport Economics

Undergraduate | RMI-LGM260 | 2024

Apply microeconomic principles to the transport services sector.

Develop the mathematics skills needed to run the costs and benefits of transport investments. Rely on industry software to forecast economic variables that will impact future demand.

Study method
100% online
100% online
Entry requirements
Part of a degree
13 weeks

HECS-HELP and FEE-HELP available

Transport Economics

About this subject

  • On successful completion of this subject you will be able to:

    1. Apply selected concepts, principles and procedures of transport economics for effective decision making.
    2. Evaluate and apply appropriate analytic techniques and methods in forecasting demand for transport services, calculation of demand elasticity and transport planning.
    3. Determine the profitability and viability of transport services and their operations in different market conditions with reference to the economic concept of cost and other cost constructs.
    4. Determine the impact on firm performance and community welfare of different pricing strategies and governmental regulations in transport sectors.

Entry requirements

To enrol in this subject, you must be admitted into a degree.

Prior study

To help set you up for success before you start this subject, we suggest completing or having equivalent knowledge in:

  • USA-ECO11 (Not currently available)


Or equivalent first-year university economics, statistics and calculus

Additional requirements

No additional requirements

Study load

0.125 EFTSL
This is in the range of 10 to 12 hours of study each week.

Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.

Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.

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