Economics of Transportation Projects
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Follow on Instagram for UpdatesEconomics of Transportation Projects Syllabus — Unit-wise Content
The official GTU curriculum for Economics of Transportation Projects (subject code ME02065081) as prescribed for CE · Semester 2 divides the course into 5 units, covering 57 listed topics. The unit-wise breakdown below is read from the GTU syllabus document for this subject code, so you can check what the course actually covers before deciding which papers to attempt.
Download the official syllabus PDF (ME02065081)Unit 1 PRINCIPLES OF ENGINEERING ECONOMICS
- Need for economic evaluation
- Basic Principles of Economics
- Micro and Macro Economics Concept
- Transport Economics
- Break-even Point
- Laws of Return and Congesting Pricing
Unit 2 TRANSPORTATION DEMAND AND SUPPLY
- Demand and utility
- Laws of Demand–Supply Equilibration
- Simultaneous Equation Bias in Demand–Supply Equilibration
- Dynamics of Transportation Demand and Supply
- Concept of Transportation Supply
- Elasticities of Travel Demand
- Consumer and Social Surplus
- Application of the Elasticity Concept: Demand Estimation
- Latent Demand
- Emerging Issues in Transportation Demand Estimation
- Program Name: Master of Engineering Level: PG Branch: Civil Engineering Subject Code: ME02065081 Subject Name: Economics of Transportation Projects
Unit 3 TRANSPORTATION COST
- Classification of Transportation Costs
- Transportation User Costs
- Impacts of Demand Elasticity and Induced Demand on User Costs
- Cost Estimating Methods
- Pavement Cost Analysis
- Life Cycle Cost Analysis
- Direct and Indirect Benefits
- Vehicle Operation Cost (VOC): Components of VOC, Procedure for Assessing VOC, Factors Affecting VOC: Distance and Time Related Congestion Factors
- VOC Estimation in Work Zones
- VOC Estimation: IRC and AASHTO Practices
- HDM-4 Road User Effects
- Total Transportation Cost
- Value of travel time savings
- Value of Increased Comfort and Convenience – Accident Cost
- Reduction in Maintenance Cost
- Issues in Transportation Cost Estimation
Unit 4 ECNOMIC EVALUATION
- Highway Project Appraisal
- Project Alternatives
- Scenario Generation
- Methods of Economic Analysis
- Discounting and Non-Discounting Methods – Net Present Value
- Benefit Cost Ratio and Internal Rate of Return
- Analysis of Public Projects
- Case Studies
- Project Feasibility for Highway Sector
- Financing Mechanism- taxes
- tolls private financing
Unit 5 IMPACT STUDIES
- Travel-Time Impacts: Categorization of Travel Time
- Procedure for Assessing Travel-Time Impacts
- Issues Relating to Travel-Time Value Estimation
- Evaluation of Safety Impacts: Procedure for Safety Impact Evaluation
- Methods for Estimating Crash Reduction Factors
- Elasticity of Crash Frequency
- Safety-Related Legislation
- Economic Efficiency Impacts: Interest Equations and Equivalencies
- Criteria for Economic Efficiency Impact Evaluation
- Air Quality Impacts: Air Pollution Sources and Trends
- Estimating Pollutant Emissions
- Air Pollution from Other Modes
- Monetary Costs of Air Pollution
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