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Feb 05, 2025
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2020-2022 Undergraduate and Graduate Bulletin (with addenda) [ARCHIVED CATALOG]
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TR-GY 6053 Transportation Economics and Finance Fundamentals3 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: Benefit/Cost Ratio, rate of return, the nature of the costs and benefits of transportation alternatives. Financing of transportation is covered: where does the money come from, the highway trust fund, tolls, and other alternative options of financing transportation are covered.
Weekly Lecture Hours: 3
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