Calendar

LEC # TOPICS KEY DATES
Introduction
1 Introduction
Demand
2 Overview of consumer theory Assignment 1 out
3 Discrete choice analysis I
4 Discrete choice analysis II
5 Travel demand modeling
6 Freight demand

Assignment 1 due

Assignment 2 out

Public transportation
7 Organizational models
8 Path choice models
The firm and its costs
9 Theory of the firm
10 Transportation costs

Assignment 2 due

Assignment 3 out

11 Midterm exam
Pricing
12 Pricing of transportation services: theory and practice I
13 Pricing of transportation services: theory and practice II
The maritime and port sector
14

Analysis of the maritime and port sector I and II

Guest lectures: Hilde Meersman and Eddy Van de Voorde, Department of Transport and Regional Economics, University of Antwerp

15

Analysis of the maritime and port sector I and II

Guest lectures: Hilde Meersman and Eddy Van de Voorde, Department of Transport and Regional Economics, University of Antwerp

Assignment 3 due

Assignment 4 out

Revenue forecasting and management
16 Transportation revenue forecasting: theory and models
17

Airline revenue management I: flight leg and network models

Guest lecture: Peter Belobaba, MIT International Center for Air Transportation (MIT ICAT)

18

Airline revenue management II: impact of fare simplification on revenue management (RM) models

Guest lecture: Peter Belobaba, MIT ICAT

Finance, regulation, and competition
19

Project finance I

Guest lecture: Jon Bottom, Steer Davies Gleave

20

Project finance II

Guest lecture: Jon Bottom, Steer Davies Gleave

Assignment 4 due

Assignment 5 out

21

Project finance III

Regulation of transportation industries

Guest lectures: Jon Bottom, Steer Davies Gleave

Project evaluation and programming
22

Project evaluation and programming I

Guest lecture: Lance Neumann, Cambridge Systematics, Inc.

23

Project evaluation and programming II

Guest lecture: Lance Neumann, Cambridge Systematics, Inc.

Developing countries
24

Developing country urban mobility: the sustainable development imperative

Guest lecture: Chris Zegras, MIT Department of Urban Studies and Planning

25 Mobility demand in developing countries: some examples Assignment 5 due
Intelligent transportation systems, conclusion
26 Intelligent transportation systems and the impact of traveler information; emerging themes in transportation economics and policy