Artesis Plantijn Hogeschool Antwerpen
Management en Communicatie
campus Meistraat
Meistraat 5 - 2000 Antwerpen
T +32 3 220 55 20 - F +32 3 220 55 59
ICBM: Transport Economics28553/2165/2122/1/78
Study guide

ICBM: Transport Economics

Academic year 2021-22
Is found in:
  • International programmes Management and Communication, programme stage 2
This is a single course unit.
Study load: 3 credits
Teaching staff: Hintjens Joost
Languages: English
Scheduled for: Semester 2
This course unit is marked out of 20 (rounded to an integer).
Possible deadlines for learning account: 15.10.2021 ()
Re-sit exam: is possible.
Compensated fail: This course unit is eligible for compensation according to the compensated fail criteria as determined by the degree programme you are enrolled in.
Total study time: 74,00 hours


This information is subject to possible future changes in the Corona-measures.

Short description

The course Transport Economics is compulsory for the students Logistics and optional for the accountancy and finance and the international students.
The course is given in English and uses an English written textbook.
It is a semester course of 3 – 4 hours per week given in two courses weekly.
It gives a macro- meso- and micro economic overview of the aspects of transport and the influences it has on society as a whole and companies in

The first part describes the situation In Europe and the influences of European policy.
The second part focuses on the management perspective and brings cost accounting, planning, investment policies, price setting and some basic
quantitative methods that should interest managers of transport companies of all modes of transport.
The third part is concerned with the macroeconomic dimensions, deregulation, external costs, market shape and forecasting.
The fourth and last part deals with policy and infrastructure investments.


There are no prerequisites for this course.

Educational organisation (text)

Class room lectures with practical exercises

Learning outcomes (list)

OLR SCM 1.0 - The bachelor BM/SCM has insights in transport, in the streams and processes of goods and information, in the regulations of the logistics sector and in the general corporate organisational processes as well as in their interconnection, and can consequently apply these insights in a broad, globalised and changing (inter)national context.
You will apply general micro and macroeconomic concepts to the transportation and logistics industry.
You point out the importance of the difference between traffic and transportation.
You describe the operation of supply and demand in the transportation market.
You motivate investment decision in the transportation sector.
You apply Value-of-Time to transportation decisions.
You point out the external costs of transport movements.
You explain the effects of external costs of transportation on the supply and demand market.
You calculate the external costs.
You will manage transportation management according to transportation policies for operational, tactical and strategic decisions.
OLR SCM 7.2 - The bachelor BM/LM can communicate fluently and spontaneously, both in spoken and written English, using professionally appropriate vocabulary in a professional context.
You express yourself correctly in most formal situations and use appropriate business terminology.
You understand job-specific longer texts.

Course content

Organisation of the transport sector, Traffic and Transport System, Regulation, Economics of transport management, Cost calculation, Waiting time, Routing, Pricing, Investing, Logistical costs, Decision making, Transport supply and demand, Transport policy, External costs, Taxation methods, Pricing policy, Infrastructure Policy.

Study material (text): Mandatory

Transport economics +/- € 62,00
Blauwens, G., De Baere, P., Van de Voorde, E.
Digitap AP
Artesis Plantijn University College Antwerpen

Educational organisation (list)

Learning Activities
Lectures and / or tutorials12,00 hours
Work time outside of contact hours62,00 hours

Evaluation (list)

Evaluation(s) for first exam chance
Semester 2Knowledge test100,00Open and/or closed questions
Closed book
Evaluation(s) for re-sit exam
2nd examination periodKnowledge test100,00Open and/or closed questions
Closed book