Basic knowledge of microeconomics and industrial organization are helpful to learning.
Compulsory prerequisites required (Propedeuticità) are published on the web site: https://lt-eco.unibg.it/it/node/119
At the end of the course students will be expected to have acquired the fundamental knowledge of transport and tourism economics. Through visits to operators of the industries object of study, students observe the application to real contexts of the acquired knowledge and acquire the ability to apply them autonomously (see the single modules' syllabi for further details).
Part A – Transport Economics
A1) The Economic Characteristics of Transport
A2) Transport Markets and Industries
A3) Movement Transport and Location
A4) Transport Demand
A5) Transport Supply (and Costs)
A6) Transport Externalities (environment and congestion)
A7) Pricing of Transport Services
A8) Investment criteria and Economic Regulation
Part B – Aviation Economics
B1) Measuring Aviation
B2) Airline Cost Structure and Business Models
B3) Market Structure, Competition and Consolidation
B4) Alliances and Joint Ventures
B5) Regulation and Deregulation
B6) Aviation Safety and Security
B7) External Effects of Aviation (positive effects, congestion and pollution)
B8) Economics of Related Markets (airports, ANSs, aircraft manufactures)
B9) Economic Impacts of COVID-19 on Aviation
Part C - Economics of tourism
C1) The Economic Characteristics of the Tourism Sector
C2) Measuring Tourism
C3) Tourism Demand
C4) Tourism Supply
C5) Pricing and Taxation
C6) Competition and the Tourism Destination
C7) Economic impact of the COVID-19 pandemic on the tourism in Europe
Teaching is made of lectures, with the possibility of discussion and debate with the students.
It is also planned, if the situation permits that, to organize some visits to operators of the industries under analysis (see the single modules' syllabi).
Attending student’s mode:
The final mark (on a scale of 30) is the weighted average of the marks obtained (a) in the written test (70% of weight) and (b) in the project work (30% of weight). To pass the exam a minimum score of 18 points is required in both the written test and the project work. The written test lasts about 2h and is made of two parts. Part A is made of closed-ended questions (T/F), while part B of open questions and/or numerical exercises.
The project work consists in the writing of a group paper summarizing the notions acquired during the visits to operators of the industries object of study. Information about the composition of the groups, the deadlines and further details will be provided during the course.
In the case that (for all sorts of reasons) visits could not be done, the project work will be based on alternative activities based on the application of the acquired knowledge.
NON-attending student’s mode:
The exam consists of a written exam that lasts about 2 hours and presents additional parts on the available material related to the visits made during the course.
The exam for attending students with no project is the same as for non-attending students.
In the case of blended or remote teaching activities, changes may be made compared to what is stated in the syllabus.
a) ATTENDING students: materials (uploaded on the course web page) and lecture notes.
b) NON-ATTENDING students: materials (uploaded on the course web page) and chapters of the texts indicated in the "Course text" section.