Transportation Economics
Transportation Economics is a branch of economics that studies the movement of people and goods. It examines how transportation systems, such as roads, railways, and airports, are designed, funded, and operated. This field analyzes the costs and benefits of different transportation modes, helping policymakers make informed decisions about infrastructure investments and regulations.
Additionally, Transportation Economics explores the impact of transportation on economic development and urban planning. It looks at how efficient transportation networks can enhance productivity, reduce congestion, and improve accessibility. By understanding these dynamics, stakeholders can create more effective transportation policies that benefit society as a whole.