Economics of Transportation and Supply Chains

Catalog description

The course covers cutting-edge areas of transportation and supply chains, including: effects of the pandemic, innovation, infrastructure, dynamic pricing, safety, public-private partnerships, and regulation. This course will feature guest speakers who will present and discuss different facets of the economics of transportation, supply chains. The course emphasizes applying economic concepts to transportation issues in the United States and around the globe, using all modes of transportation including air, road, rail, trucking, maritime, pipelines, and transit. Examples include the role of transportation , the substitution of communications for transportation, road pricing, parking pricing, the development of autonomous vehicles and platooning, spectrum for transportation safety and connected vehicles, transportation equity, energy efficiency and electric vehicles and electrification of the transportation system, and the role of GPS as a free utility.