This third edition of Applied Transport Economics has been completely revised and updated to cover the latest developments and thinking in transport economics. Professor Stuart Cole examines the application of economics techniques first to commercial transport operations, and second to public policy issues such as investment, integrated transport and competition, and third to the role of transport in its wider economic context.The style and approach, which proved so popular in the first two editions has been retained. This approach provides a transport economics text book for a) managers who are not familiar with economics techniques, b) students preparing for examinations in transport and other areas of business and public policy where an applied approach to economics is required, and c) economists entering the transport field. Fully and extensively updated throughout, this third edition will contain: *new information on SE Asia and Eastern Europe *updated and extended case studies *a new bibliography; *an extended further reading section.

Section - ONE: Transport Market Dynamics;