Introduction to Transport Economics Questions

Higher Institute of Transport and Logistics (HITL)

Semester: First Semester

Level: 300

Year: 2019

THE UNIVERSITY OF BAMENDA

HIGHER INSTITUTE OF TRANSPORT AND LOGISTICS (HITL)

DEPARTMENT OF GENERAL STUDIES

ACADEMIC YEAR 2018-2019

TRANSPORT ECONOMICS: FIRST SEMESTER EXAMINATION

Lecturers: Dr Vukeneng Andrew Wujung Time: 2 hrs

Instructions: Answer any three questions

1. a) Outline the importance of transport to an economy.

b) State and explain four advantages of land transport over air transport.

c) What are the advantages of using one’s own vessel in the carriage of goods.

d) Make a case for and against pipeline transport.

2. Examine the allocation/use of the following economic resources in the transport industry

a) Land, b) Capital, c) Labour

3. a) What do you understand by demand for passenger transport?

b) Demand for passenger transport is referred to as derived demand. Explain.

c) State and explain four factors that influence the demand for passenger transport.

d) Write short notes on fare elasticity of demand for passenger transport.

4. a) What do you understand by: i) Supply of transport, ii) Transport demand management?

b) State and explain four measures of transport demand management in Cameroon.

c) State and explain four factors that influence freight demand for transport.

5. a) What is: i) A development project, ii) A project proposal.

b) State and explain four uses of a project proposal.

c) State and explain four mistakes/flaws committed in project proposal writing.

d) Outline four examples of development projects in the transport industry.

END

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