Transport Economics Fundamentals Training

Learning Outcomes

• Apply basic economic principles to analyze transport demand and supply dynamics.
• Evaluate the impact of transport costs, pricing strategies, and subsidies on market behavior.
• Analyze the role of government regulation and policy in shaping transport economics.
• Demonstrate an understanding of externalities, including congestion, pollution, and safety, in transport systems.
• Assess the economic implications of different transport modes and infrastructure investments.
• Interpret transport economic data to support operational and strategic decisions.

Target Audience

This course is designed for professionals working in transport, logistics, supply chain management, or related fields who need to understand the economic fundamentals of transport. It is also suitable for managers, planners, and analysts seeking to enhance their knowledge of transport economics for strategic decision-making.

Prerequisites

None — open enrollment. No prior knowledge of economics is required.

Course Outline

Practicals

Overview

Practicals provide hands-on experience with transport cost calculations, demand analysis, and project appraisal tools. Learners will work through real-world scenarios using spreadsheets and case study data to reinforce theoretical concepts.

Practical Activities

• Practical 1: Demand Elasticity Calculations — Using provided data on passenger and freight transport, learners calculate price and income elasticities and interpret results. (5h)
• Practical 2: Cost Analysis and Pricing Exercise — Learners allocate costs to a transport operation, compute average and marginal costs, and determine optimal pricing under different scenarios. (6h)
• Practical 3: Project Appraisal Using Cost-Benefit Analysis — Using a spreadsheet, learners perform a cost-benefit analysis for a proposed transport infrastructure project, calculating NPV, IRR, and BCR. (6h)
• Practical 4: Policy Simulation and Group Presentation — In groups, learners simulate a transport policy decision (e.g., introducing a congestion charge) and present their economic rationale. (4h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	35% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.