MSc Transport Economics(Part-time 24month) (For students entering from September 2024 onwards)

Year 2

(Award available for year: Master of Science)

Learning outcomes

1. - demonstrate an understanding of the different approaches to pricing, cost measurement and allocation of resources in the transport sector; recognising its special problems as compared to other sectors;
2. - understand the principles of welfare economics and be able to critically appraise their practical value in conducting cost benefit analysis;
3. - understand the complex trade-offs involved in determining the appropriate balance of regulation, competition and government involvement / ownership in transport and public utilities more generally;
4. - understand and be able to use appropriate econometric techniques for answering questions relevant to transport;
5. - understand the purpose and relative merits of the main transport models and how transport economists interact with them;
6. - demonstrate competence in the identification, collection, management and analysis of a range of data related to transport;
7. - Work effectively in interdisciplinary teams on cases and problems relating to transport economics problems.
8. - design and conduct an independent research study on a topic related to transport economics.

Skills Learning Outcomes
Masters (Taught) students will have had the opportunity to acquire skills in the following categories as defined in the modules specified for the programme:
1. Technical skills in compulsory and optional modules and relevant to at least the following subject areas: transport appraisal, transport econometrics, and transport regulation.
2. Work ready skills: Problem-solving and analytical skills, communication, time-management, planning and organisation, technical/it skills, team working/collaboration,
3. Academic Skills: reflection, Critical thinking, academic writing, referencing, academic integrity, information searching, time-management.
4. Sustainability skills: systems thinking, critical thinking, effective communication.

Assessment

Each module comprises a balance of assessment of understanding of core principles, critique of practice and demonstrably applying the core principles to real-world challenges. A range of traditional (Online Time Limited Assessments, essays) and authentic assessments (e.g., reports) are used.