Unit 1 Introductions –Need for Economic Evaluation; Principles of economic evaluation; Welfare

5 lecture hours

• Social costs
• Vest change
• Rate of return
• Value of Travel time Savings
• Economic concept of evaluation of travel time savings
• Issues connected with evaluation of travel time savings
• Vehicle operating costs
• Components of VOC, Road user Cost study in India
• Accident costs
• Methodologies for economic evaluation of an accident
• Factors involved

Unit 2 Demand and Utility, Laws of Demand, Utility analysis, Ordinal analysis, Income effect, Price

5 lecture hours

• Demand curves
• Elasticity of supply

Unit 4 Project Appraisal – Total Cost, Principles of analysis, Road Users Cost – Factors, Benefits

• Types of Capital Financing
• Project appraisal by shadow pricing with case studies
• Economic Analysis of BOT and BOOT projects and allocations
• Introduction and scope of asset management in India

Unit 5 Economic Evaluation – Different Methods, Sensitivity analysis. Maintenance Cost – Factors,

10 lecture hours

• Traffic System Evaluation

Unit 7 Transport Cost – Types, Factors, Cost analysis for Mass Transit System, Pricing – Marginal

5 lecture hours

• Cost Pricing
• National Policy

Unit 8 Economic analysis of transportation projects ownership and financing of transport, economic

• function of transportation road user and transportation costs
• highway finance and taxation
• case studies of analysis and evaluation of transportation projects
• Basic concepts
• Transportation related Environmental Impacts - Vehicular Impacts – 5 Subject Code - 3721322 w.e.f