CE 795 Transportation Economics

The economics of transportation supply and demand from the perspective of the service providers (both public and private), the users (both freight and passenger), the government, and society at large. The concepts that pertain, the quantitative tools used to evaluate the economics, and the implications that pertain to the benefits produced from such systems, their costs, and their funding. 3 credit hours.


• Prerequisite

Students need to have successfully completed: 1) an introductory course in transportation, 2) a course in microeconomics, and 3) courses in calculus through partial differential equations. Students also ought to have an understanding of how transportation fits into the broader context of economic activity within a country and the world.

• Course Objectives

Students will be able to describe and discuss transportation economics in terms of its supply and demand, costs, pricing, and regulation, especially the way in which the theory of economics in the marketplace and for public and private firms applies to the transportation market given its unique characteristics.  

• Course Requirements

The class will involve a first exam (20%), a final exam (30%), a paper (30%), and homework assignments (20%).

• Textbook

The textbook for the course will be Transportation Economics Theory and Practice: A Case Study Approach, by McCarthy. The ISBN-10 is 0631221816 and the ISBN-13 is 9780631221814.

• Computer and Internet Requirements

Students need to have access to a computer capable of working on spreadsheets and preparing papers. They also need to be able to view the recorded lectures and access the Moodle website for the class.

NCSU and Engineering Online have recommended minimum specifications for computers. For details, click here.

• Instructor

Dr. George F. List, Professor
Dept. of Civil, Construction, and Environmental Engineering
Mann Hall 423, Box 7908
NCSU Campus
Raleigh, NC 27695

Phone: 919-515-8038
Fax: 919-515-8898
Email: gflist@ncsu.edu