This examination of transport economics brings alive economic theories for students, elucidating traditional concepts by applying them to a real world context. It examines the microeconomic concepts that underpin this sector and the implications for transport markets with real examples from across the EU.
Also available is a companion website with extra features to accompany the text, please take a look by clicking below -
http://www.palgrave.com/economics/transport/Home.aspx

GRAHAM MALLARD teaches Economics at Marlborough College and is a researcher in the Department of Economics at the University of Bath, UK.

Foreword Professor Geoff Harcourt of Jesus College, The University of Cambridge
Introduction
PART ONE: SETTING THE SCENE
The History of Transport
The Importance of Transport
PART TWO: THE THEORY OF MARKETS
The Demand for Transport
Markets, Costs and Revenues
Competition and Contestability
Monopoly
Monopolistic Competition
Oligopoly
Mathematical Appendix
PART THREE: MARKET FAILURE
Externalities
Public and Demerit Goods
Inequality and Asymmetric Goods
PART FOUR: POLICY
Privatisation and Deregulation
Project Appraisal Cost-Benefit Analysis
Transport Investment
General Forms of Government Intervention
Tackling Traffic Congestion
PART FIVE: THE FUTURE.