Subject: Economics of traffic (17 - S020N)


Basic Information

CategoryTheoretical-methodological
Scientific or art field:Postal Traffic and Communications
InterdisciplinaryNo
ECTS7
Native organizations units

Department of Traffic Engineering
Course specification

Course is active from 01.10.2009..

The course helps students understand the meaning and importance of traffic systems; to understand the how to achieve the optimal value of production using limited resources; to analyze and manage costs and revenues of postal organizations.
Students will gain fundamentak knowledge about the facts, principles, processes and general concepts in traffic economics. Students will be able to find optimal solutions in managing traffic systems, using basic knoeledge of economics theory and decision science.
Basic concepts, functions and benchmarks transport economics. Forms and types of transport and their economic characteristics. Forecasting demand for transport services. The principles and standards of business performance transport systems. Costs and cost of transport services, particularly postal services and universal postal services. Politics and pricing methodology for postal services, with special emphasis on the universal postal service and reserved. Cost management in traffic, with examples of postal services. ABC method for monitoring and managing costs to the postal service. ABM based cost management activities. "Cross subsidization" in public services. Models of financing the universal postal service.
Lectures, auditory and computer practice, preparation of a term paper.
AuthorsNameYearPublisherLanguage
C.S.ParkFundamentals of Engineering Economics2004, Pearson, Prentice Hall, Upper Saddle River, New JerseyEnglish
Blank, L., Tarquin, A.Basics of Engineering Economy2014McGraw-Hill Education, New YorkEnglish
I.G.HeggieTransport Engineering Economics1972McGrow Hill, London, UKEnglish
Božić, V.Ekonomija saobraćaja2017Ekonomski fakultet, BeogradSerbian language
Course activity Pre-examination ObligationsNumber of points
Exercise attendanceYesYes5.00
Written part of the exam - tasks and theoryNoYes40.00
Lecture attendanceYesYes5.00
Term paperYesYes20.00
Oral part of the examNoYes30.00
Name and surnameForm of classes
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Šarac Dragana
Full Professor

Lectures
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Čačić Nataša
Research Associate

Practical classes
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Ninović Milena
Professional Studies Professor

Practical classes