Transport Economics

If you are an ambitious numerate graduate, or a practitioner in the field, this Masters degree will equip you with the analytical skills for a rewarding career supporting transport delivery and policy-making at national, regional and local levels.

You will develop a range of economic skills to help promote economic growth within a regulatory framework that minimises any damaging health and environmental impacts, while incentivising the best use of resources. You’ll also gain insights into how economics, planning, environmental science, modelling and engineering can work together to design sustainable solutions to global challenges.

Through studying transport economics, econometrics, cost-benefit analysis and economic research techniques, you’ll be able to develop transport networks founded on robust evidence, sustainable and equitable principles, state-of-the-art modelling, accurate data analysis, and an understanding of human psychology.

Taught by leading researchers with an international reputation, this Masters degree has been designed following close consultation with industry to help prepare you for a rewarding career. This industry-inspired approach will enable you to apply your knowledge to real-world issues in the field.

Course highlights

• Develop an understanding of the complex interface between transport and the wider economy (economic appraisal)

• Learn pricing techniques, the importance of economic regulation and the valuation of third-party costs and benefits (micro-economics)

• Create quantitative models using real world data and test economic theories (econometrics)

• Experience what it’s like to work in the transport industry by collaborating on a multi-disciplinary team project with students from our other degree specialisms

• Our courses are shaped by the Institute for Transport Studies’ world-leading research and our close relationships with industry leaders