Transportation Finance. 3 credits, 3 contact hours

Catalog description

Prerequisite: undergraduate course in economics. Balance sheets and income statements. Asset and liability management, sources and costs of debt and equity financing. Financial performance measures in the private sector (airlines, railroads, trucking and bus companies). Financing issues associated with the public sector (highways and mass transit). Equity and efficiency in pricing. Subsidy allocation formulae. Innovative financing schemes in the public sector. Same as IE 643 .