Revision sessions: Economics

Friday

9.00 – 10.30

• Data response/comprehension questions on Transport
• Demand for transport
• Transport forecasts

11.00 – 12.30

• Theory of the Firm models in Transport
• Price discrimination in Transport
• Deregulation
• Contestability
• Privatisation of Transport

1.30 – 2.20

• Resource allocation issues in Transport
• Private funding
• The COBA model

3.30 – 5.00

• Transport policies to correct market failure
• Government measures to intervene: demand side measures
• Government measures to intervene: supply-side measures