Transport Economics and Optimization

Assignment

Unit – I & II

1. Discuss the factors determining demand.

2. Explain various reasons why the peak problem in transport is particularly bad?
3. Explain price elasticity of demand and its effects
4. What is the measurement of price elasticity?
5. Explain Cross (price) elasticity with the help of tourists and commuters example
6. Explain income elasticity with the help of figure and how Income elasticity effect in
public policy
7. What is service elasticity?
8. What are the factors determining the magnitude of elasticity.
9. Define of price elasticity of supply. Discuss elasticity of supply in shipping and aircraft
charters with graph
10. Define price discrimination and explain market conditions required for price
discrimination with the help of diagram.
11. What are the Advantages and disadvantages of price discrimination
12. Discuss the solutions for low profitability and loss of market share.
13. Explain PRICE versus QUALITY with help of Private costs and public costs
14. Discuss the three cost models in the bus cost allocation model and its Factors affecting
cost differences.
15. What are the Cost saving techniques used during the cost reduction operations