Transport Planning, Modelling and Economics
Overview
This unit of study aims to develop an understanding of the characteristics of transport demand and supply, infrastructure costs and community benefits. This is in addition to learning about the factors that affect destination, route and mode choice of travellers and the application of relevant theories and principles in modelling trip distribution and network planning. It also aims to learn how to apply current guidelines and techniques in evaluating transport projects and assessing their costs and benefits.
Requisites
Rule
Postgraduate
Admission to cognate PG degree
Undergraduate
CVE30003 Transport Engineering
26-May-2024
Learning outcomes
Students who successfully complete this unit will be able to:
- Describe the transport planning process (K3, S1)
- Appreciate the basics of transport demand analysis, acquire basic knowledge on household interview survey and understand how to estimate the number of trips (S1, S2, K3)
- Discern how to model the destination choice of travellers (K3, K2, S1)
- Discern how to model the mode choice of travellers and apply the knowledge to solve a complex problem (K2, S1, S2, A7)
- Describe the theory behind the principles of welfare economics as related to transport programs (K3, S1)
- Apply the fundamental transport economic concepts of demand, supply, pricing, congestion and other externalities in their estimation (K3)
- Apply the benefit cost analysis principles including multi-criteria analysis and generate high quality reports as part of a team (S1, K3, K2, S2, A7)
Teaching methods
Hawthorn
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| Live Online Lecture | 3.00 | 12 weeks | 36 |
| On-campus Class | 1.00 | 12 weeks | 12 |
| Online Learning activities | 0.50 | 12 weeks | 6 |
| Unspecified Activities Independent Learning | 8.00 | 12 weeks | 96 |
| TOTAL | 150 |
Assessment
| Type | Task | Weighting | ULO's |
|---|---|---|---|
| Assignment | Group | 35 - 45% | 3,4,6,7 |
| Examination | Individual | 50 - 60% | 1,2,3,4,5,6,7 |
| Online Tests | Individual | 5 - 15% | 1,2,5,6 |
Hurdle
As the minimum requirements of assessment to pass a unit and meet all ULOs to a minimum standard, an undergraduate student must have achieved:
(i) an aggregate mark of 50% or more, and(ii) at least 40% in the final exam.Students who do not successfully achieve hurdle requirement (ii) will receive a maximum of 45% as the total mark for the unit.
Content
- Introduction to transport planning
- Overview of transportation finance and economics – The Principles of Welfare Economics
- Demand and supply issues – Consumer and Producer Surplus: theory and estimation
- Appraisal process and methodologies
- Benefit cost analysis and multi-criteria analysis
- Cost effectiveness analysis
- Efficiency and equity concepts in project evaluation
- Post-completion/implementation evaluation of projects
- Pricing and cost allocation
- Pricing of transportation services (congestion pricing, road space, externalities etc.)
- Infrastructure costs
- Transport and traffic surveys and data for system planning
- Four–step transport modelling including trip generation, trip distribution, modal split, and trip assignment
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.