Description

The objectives of the course are:
•    get to know and understand the importance of transport economics in logistics;
•    understand the link between economics and transport;
•    calculate the costs of transport routes in different transport systems;
•    understand the basic indicators of business performance and efficiency of transport companies.

Competences acquired by students:
•    get to know and understand the areas of transport economics;
•    get to know and understand transport policy and the impact on the economy;
•    get to know and understand transport costs and business calculations;
•    understand the importance of profit or loss in the context of the business performance and efficiency of the transport company.

Instructors

izr. prof. dr. MARJAN STERNAD

Contents

Definition of transport economics
Transport policy
Transport market and regulation
Transport costs
Cost of supporting logistics activities
Tariff in transport
Tariff of warehousing services 
Pricing of transportation 
Efficiency of transportation systems
Financial indicators of the transport company

Learning Outcomes

Knowledge and understanding: 
Upon completion of the course, the student will be able to:
•    define and understand transport economics;
•    understand the functioning of the transport market;
•    calculate transport costs and prepare a calculation for each type of transport;
•    determine the selling price of transport services based on cost analysis;
•    identify basic business performance and efficiency indicators of the transport company.

Recommended Readings and Tools

Blauwens, G., De Baere, P., & Van de Voorde, E. (2010). Transport economics (4th ed.). Antwerpen, De Boeck.
Božičnik, S. (2020). Transportna ekonomija (1 izd.). Univerzitetna založba Univerze; Fakulteta za gradbeništvo, prometno inženirstvo in arhitekturo. http://press.um.si/index.php/ump/catalog/book/256
Button, K. J. (2010). Transport economics (3rd ed.).  Edward Elgar.
Jonsson, P. (2008). Logistics and supply chain management. McGraw-Hill.
Rebernik, M., & Širec, K. (2022). Ekonomika podjetja (5., spremenjena in dopolnjena izd.). Lexpera, GV založba.

Planned Activities

Lectures: students understand the theoretical frameworks of the course. Part of the lecture course is in a classroom while the rest is in the form of e-learning (e-lectures may be given via video-conferencing or with the help of specially designed e-material in a virtual electronic learning environment).

Tutorials: Students enhance their theoretical knowledge and are able to apply it. Part of the seminar is in a classroom while the rest is in the form of e-learning (e-tutorials may be given via video-conferencing or with the help of specially designed e-material in a virtual electronic learning environment).

Assessment Methods and Criteria

Written examination: 80%

Seminar paper: 20%