TR-GY 6211 Economic Analysis of Transportation Alternatives

1.5 Credits

This course introduces students to the basic principles of engineering economic analysis and their application to transportation project alternatives. Fundamental concepts such as present worth and annual cost are described and illustrated. Methodologies for comparison of transportation alternatives are introduced, including the Present Worth Method, the Annual Cost Method, the Benefit-Cost Ratio Method, and the Rate of Return Method. The nature of the costs and benefits of transportation alternatives is discussed

Prerequisite(s): Graduate standing or permission of instructor.
Weekly Lecture Hours: 1.5