Transport Economics

General

• Code: ΣΥΓ010
• Semester: 7th
• Study Level: Undergraduate
• Course type: Specialization
• Teaching and exams language: Ελληνικά
• Teaching Methods (Hours/Week): Lectures (4)
• ECTS Units: 5

Course Contents

Transportation and financial activities, transport systems, road, railway, air and maritime transport,
transportation enterprises, effects of globalization, state monopolies, liberalization, privatization,
elasticities, normal, inelastic and derivative demand, financial planning and accounting analysis of
transport companies, construction and operational cost, combined transportation systems, logistics
in freight transport, definition and characteristics of transport demand forecasting models,
assessment of the predictive capability of a model, targets of the commercial policies of transport
companies, public service obligations, pricing policies of transport companies, evaluation methods of
transportation projects, sensitivity and risk analysis, multi-criteria and financial analyses of
transportation projects, public-private partnership for the construction of transportation projects,
transportation companies in Greece.

Educational Goals

Upon completing this course students should be able to collect data and classify construction and
cash flows of a transportation system or enterprise, combine the above data to predict cost elements
necessary for the construction or improvement of a transportation system or enterprise, implement
this knowledge for determining the financial demands for the foundation and operation of
transportation system or enterprise, to assess the efficiency of the invested funds, analyze the
components and operations of transportation system or enterprise, to clarify, to classify and
prioritize the, according to cost and criteria of function, compose the sum of individual cost
estimates into a single framework of cash flow, anticipating future changes, running parallel with
alternative scenarios, evaluate, justify and argue for the best investment in a of transportation
system or enterprise, taking into account socio-economic, technical and environmental criteria.

General Skills

The course contributes to the following skills:
_Search for, analysis and synthesis of data and information, with the use of the necessary technology
_Adapting to new situations
_Decision-making
_Project planning and management
_Respect for the natural environment.

Teaching Methods

Face to face.

Use of ICT means

Powerpoint presentations, e-learning platform for
educational material

Teaching Organization

Students Evaluation

Final written exam (100%) which includes:
– Open ended questions
– Problem solving questions (exercises)
The evaluation criteria are presented in the 1st lecture of
the semester to all students. Furthermore, each student can see his graded exam/ written assignment paper and talk on
the analysis of his written performance with the professor.

Recommended Bibliography

• Μουρμούρης, Ι.Κ. (2006). Οικονομική των Μεταφορών – Ανάπτυξη, Επένδυση, Διοίκηση &
  Εφαρμογές. ΕΚΔΟΣΕΙΣ ΣΤΑΜΟΥΛΗ ΑΕ, ISBN: 960-351-671-6.
• Προφυλλίδης, Β. (2016). Οικονομική των Μεταφορών. Α. ΠΑΠΑΣΩΤΗΡΙΟΥ & ΣΙΑ Ι.Κ.Ε., ISBN:
  978-960-491-100-4.
• Σαμπράκος, Ε. (2018). Οικονομική των Μεταφορών. Εκδόσεις Βαρβαρήγου, ISBN: 978-960-
  7996-75-6.
• Boyer K.D. (2005). Οικονομική των Μεταφορών. Γ.ΠΑΡΙΚΟΣ & ΣΙΑ ΕΕ, ISBN: 978-960-286-
  754-9.
• Prassas, E.S., Roess, R.P. (2013). Engineering Economics and Finance for Transportation
  Infrastructure. Springer Berlin Heidelberg, HEAL-Link Springer ebooks, ISBN: 978-3-642-
  38580-3.
• Profillidis, V.A., Botzoris, G.N., Galanis, A.T. (2014). Environmental Effects and Externalities from the Transport Sector and Sustainable Transportation Planning – A Review. International
  Journal of Energy Economics and Policy, 4(4), 647-661.
• • [in Greek] Μουρμούρης, Ι.Κ. (2006). Οικονομική των Μεταφορών – Ανάπτυξη, Επένδυση, Διοίκηση
  Εφαρμογές. ΕΚΔΟΣΕΙΣ ΣΤΑΜΟΥΛΗ ΑΕ, ISBN: 960-351-671-6.
  • [in Greek] Προφυλλίδης, Β. (2016). Οικονομική των Μεταφορών. Α. ΠΑΠΑΣΩΤΗΡΙΟΥ ΣΙΑ Ι.Κ.Ε., ISBN:
  978-960-491-100-4.
  • [in Greek] Σαμπράκος, Ε. (2018). Οικονομική των Μεταφορών. Εκδόσεις Βαρβαρήγου, ISBN: 978-960-
  7996-75-6.
  • [in Greek] Boyer K.D. (2005). Οικονομική των Μεταφορών. Γ.ΠΑΡΙΚΟΣ ΣΙΑ ΕΕ, ISBN: 978-960-286- 754-9.
  • Prassas, E.S., Roess, R.P. (2013). Engineering Economics and Finance for Transportation Infrastructure.
  Springer Berlin Heidelberg, HEAL-Link Springer ebooks, ISBN: 978-3-642-38580-3.
  • Profillidis, V.A., Botzoris, G.N., Galanis, A.T. (2014). Environmental Effects and Externalities from the
  Transport Sector and Sustainable Transportation Planning – A Review. International Journal of Energy
  Economics and Policy, 4(4), 647-661.