City University College of Science & Technology

Bachelor of Engineering Management

ASSIGNMENT 1

PAPER

: BBCE 4013

TITLE

: TRANSPORTATION ECONOMICS

SUBMISSION DATE

: 19th June 2016

Instructions to Candidates:
1. You are required to answer ALL questions.
2. This assignment attracting 40 % of total course grade

ASSIGNMENT 1

ANSWER ALL THE QUESTIONS

SECTION A.

(20 marks)

Briefly define and explain the followings

a. Transportation

(5 marks)

b. Transportation economics

(5 marks)

c. Transport Mode

(5 marks)

d. Travel Cost

(5 marks)

SECTION B : ESSAY QUESTION.

(80 marks)

The case for subsidy for some public goods is obvious. In the absence of excludability and rivalry, one
need to get revenue from somewhere to operate a service that provides public benefits. Public
transport (also known as public transportation, public transit, or mass transit) is a shared passengertransport service which is available for use by the general public, as distinct from modes such
as taxicab, carpooling, or hired buses, which are not shared by strangers without private arrangement.
Public transport modes include city buses, trolleybuses, trams (or light rail) and passenger trains, rapid
transit(metro/subways/undergrounds etc) and ferries. Public transport between cities is dominated
by airlines, coaches, and intercity rail. High-speed rail networks are being developed in many parts of the
world. Most public transport runs to a scheduled timetable with the most frequent services running to
a headway. Share taxis offer on-demand services in many parts of the world, and some services will wait
until the vehicle is full before it starts. In the context of slow economic growth and public debt crisis,
there is increasing pressure on the resources that public authorities may allocate, notably, to public
transport. Should the government subsidize public transportation? Why or why not?

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Rules and regulations.
Plagiarism
It is important to note, that your essay is entirely your own work. Students found guilty of
plagiarism or collusion face penalties, so it is essential that you understand and follow standard
procedures for referencing other peoples work.
i.
ii.
iii.
Penalties for late submission of coursework
There is a standard policy on the late submission of coursework. Work that is submitted up to
one week late will be subject to a 10 marks reduction. Work handed in more than two weeks late
(without an extension) will receive a mark of zero. If you are experiencing any difficulties in
completing assessments you are strongly advised to discuss your situation with a member of
staff.