TRA410 Transport, Localization and Economic Development

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Course Code
TRA410

Course Name
Transport, Localization and Economic Development

Credits
7.50

Prerequisites

Knowledge of basic microeconomics and transport economics.

Semester
Spring

Location
Molde

Language Instruction
English or Norwegian

Language Assignments and Evaluation
English or Norwegian

Language Literature
English or Norwegian

Instruction
2 hours of lectures per week including practice sessions.

Mandatory Assignments
1 mandatory assignment (counts for 30 % of the final grade)

Evaluation
4 hour written examination counts 70 %. Mandatory term paper counts 30 %. The final grade is a calculated a weighted sum of the grades given, regardless of a pass / non pass in the individual grades given.

Grades
Letter (A - F)

Learning outcome

To give the student an understanding of how economic forces determine the localization of economic activities: businesses, trade, cities, etc. Special attention will be given to the importance of transport and transport infrastructure such as regional economic stimulus.

Content

The first part of the course will be an introduction to the major economic theories governing the localization of economic activity. The second part of the course presents economic theories and models that focus more specifically on the importance of transport and transport infrastructure. Theories and models are supported by results from field studies.

Literature

Bråthen S (ed.). Paper collection

Handouts