Summary

The main objective of Transport Economics is the study of the transport sector from an economic point of view. With this purpose, different instruments, based on theoretical analysis as well as on other types of empirical or applied techniques, will be analyzed. In particular, the usual topics of transport economics will be studied: production and costs in transport, demand analysis, pricing and externalities, investment decisions in infrastructures and economic regulation in transport markets. The transport economics is a field relatively young in the economic analysis that in recent years has undergone a remarkable development. Although in the first years, transport economics was mainly concerned with purely empirical or applied issues, the works that study the transport from a theoretical point of view have also grown in a very significant way.