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Curriculum Transport Economics: Roads, Rail & Air

Transport Economics: Roads, Rail & Air

How moving people and goods shapes economies - who pays for roads and railways, why airlines struggle, the true cost of a car, and accessible transport for everyone.

  1. Why Transport Costs Shape the Economy How the cost of moving people and goods determines where businesses locate, how far trade reaches, and which places prosper. 📄 Read-aloud
  2. Who Pays for Roads? How roads are funded through fuel taxes, vehicle fees, tolls and general taxes, and why electric vehicles are forcing a rethink. 📄 Read-aloud
  3. The Economics of Railways Why railways have huge fixed costs, why they are often run as monopolies or public services, and how freight and passenger services compete for track. 📄 Read-aloud
  4. Why Airlines Struggle to Make Money Why airlines have historically earned thin profits despite huge demand, from high fixed costs and fierce competition to fuel price swings. 📄 Read-aloud
  5. High-Speed Rail: When Is It Worth It? What makes high-speed rail succeed or struggle, from Japan's Shinkansen to newer projects, and how economists judge the costs and benefits. 📄 Read-aloud
  6. The True Cost of Owning a Car Why the price of a car is only part of its cost, and how depreciation, insurance, fuel, maintenance and parking add up. 📄 Read-aloud
  7. Transport Economics: Checkpoint 1 Quick checkpoint - five questions on transport costs, road funding, railways, airlines and the cost of a car. 5 questions
  8. The Economics of Ride-Hailing How apps like Uber and Ola match riders with drivers, why surge pricing exists, and the debates over drivers' pay and traffic. 📄 Read-aloud
  9. Why New Roads Fill Up: Induced Demand Why building more road lanes often fails to reduce traffic jams in the long run, and what the evidence shows about the fundamental law of road congestion. 📄 Read-aloud
  10. Accessible Transport for Blind and Disabled Travellers The costs and benefits of making transport usable for everyone, from audio announcements and tactile paving to accessible vehicles and door-to-door services. 📄 Read-aloud
  11. The Economics of Road Safety How economists value lives saved on roads, why safety rules can change behaviour, and what measures reduce deaths most cost-effectively. 📄 Read-aloud
  12. Self-Driving Vehicles: Economic Promise and Uncertainty How autonomous vehicles could change transport costs, jobs, safety and cities, and why their spread has been slower than early predictions. 📄 Read-aloud
  13. How Transit Fares Are Set and Why Transit Is Subsidised Why most public transport systems do not cover their costs from fares, how fares are designed, and the debate over free public transport. 📄 Read-aloud
  14. Electric Buses and Public Transport Why Indian cities are switching to electric buses, how leasing models spread the high upfront cost, and what it takes to make them work. 📄 Read-aloud

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