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Transport Economics

UndergraduateRMI-LGM2602021

Course information for 2021 intake

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.

Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.

Study method
100% online
Assessments
Subject may require attendance
Entry requirements
Prior study needed
Duration
13 weeks

Loan available
HECS-HELP and FEE-HELP available

Transport Economics

About this subject

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

    1. Refer to 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

Prior study

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

  • USA-ECO11-Principles of Economics (no longer available)

Others

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.

Single subject FAQs

What’s a single subject?

Single subjects are the individual components that make up a degree. With Open Universities Australia, you’re able to study many of them as stand-alone subjects, including postgraduate single subjects, without having to commit to a degree.

Each of your subjects will be held over the course of a study term, and they’ll usually require 10 to 12 hours of study each week. Subjects are identified by a title and a code, for example, Developmental Psychology, PSY20007.

How can I use single subjects to get into a full degree?

First, find the degree that you would like to study on our website.

If that degree allows entry via undergraduate subjects, there will be information about this under the Entry Requirements section. You will find a list of 2-4 open enrolment subjects you need to successfully complete to qualify for admission into that qualification.

Once you pass those subjects, you will satisfy the academic requirements for the degree, and you can apply for entry.

Our student advisors are here to help you take that next step, so don’t hesitate to reach out when you’re ready! We’ve also made it easier to figure out the right way to get started on our pathways page.

Can anyone help me choose a subject?

Our student advisors are more than happy to help you plan your online study. Get in touch with an advisor by:

- Booking a free one-on-one consultation

- Calling, messaging or chatting with us today

How do I pay for my subjects?

You can pay up front with your credit card, or you may be eligible for a HELP loan from the Australian government depending on your citizenship status and where you’ll live during your studies.

For more information about how to pay for your studies visit our fees page or contact a student advisor.

How do I enrol?

When you’ve made your choice, click ‘Enrol now’ on the relevant course page and follow the prompts to begin your enrolment. We’ll ask you to supply some supporting documentation, including proof of your identity, your tax file number, and a unique student identifier (USI) during this process.

Your university will get in touch with you via email to confirm whether or not your application has been successful.

If you get stuck at any time, reach out to us and we’ll talk you through it.

You can also take a look at our online self-service enrolling instructions.

When is the cut-off date for enrolling?

Close of enrolment times vary between universities and subjects. You can check the cut-off dates for upcoming study terms by visiting key dates.

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