CIV5315 Required Text

The Required Text for CIV5315 is:

Hensher, D.A. and Brewer, A.M. (2001), Transport: An economics and management perspective, Oxford University Press, 351 pp.

and is available to purchase directly from the Monash University Bookshop. The price to purchase the textbook is provided via this website.

Monash University Bookshop Contact Details:

Email: Monash University Bookshop

Telephone: +61(0)3 9905 3111

The Hensher/Brewer text is particularly useful for providing detailed practical case-study application of concepts and theories covered in the CIV5315 notes. Initial study of basic concepts and assignment preparation will be possible using the CIV5315 notes and MUSO link library copies of key reference sources.

A number of general text and reference books on transport economics have been published in recent years. Any of these can be used as supplementary (non-compulsory) reading to the above text if you wish to further your knowledge of the field. Two of the most useful supplementary general references for CIV5315 are:

Cole, S. (3rd edition, 2005), Applied Transport Economics, Kogan Page, UK, 449 pp.
Button, K.J. (2nd edition, 1993) Transport Economics, Edward Elgar Publishing, England, 269 pp.

These two books provide topic coverage reasonably similar to Hensher and Brewer, but their application examples focus more on Europe. Of the two books, Cole is likely to be more readily understandable for students without a strong background in economics.

Two further supplementary specialist references providing more advanced readings are:

Oum, T.H., Dodgson, J.S., Hensher, D.A., Morrison, S.A., Nash, C.A., Small, K.A. and Waters II, W.G. ( eds.) (1996) Transport Economics: Selected Readings, Korea Research Foundation for the 21st Century, by Seoul Press, 691 pp. Published also in 1997 by Harwood Academic Publishers, Switzerland..
Hensher, D.A. and Button, K.J. (2000), Handbook of Transport Modelling, Elsevier Science, Oxford (Pergamon imprint), 666pp.

A substantial literature exists in transport economics. Additional supplementary references will be provided at the end of each specific topic in CIV5315.

Transport economics is an application of microeconomics and managerial economics principles and techniques to the study of transport management and policy. Coverage of many of the basic economic and mathematical/statistical concepts and techniques used in this unit can be found in general microeconomic or managerial economics text books, such as Hirschey, M. (2000), Managerial Economics, Dryden Press (earlier versions of this book under the same title and joint authorship with Brigham, E. and Pappas, J. are just as useful).

Transport Journals are also a good source of information for this unit. Some useful journals are: Journal of Transport Economics and Policy; International Journal of Transport Economics, International Journal of Logistics: Research and Applications; Transportation Research Part E, Logistics and Transportation Review*; Transport Reviews*; Transportation; Transportation Quarterly; Transport Policy*; Transport Policy and Decision-making; Transportation Planning and Technology; Journal of Transportation Research Forum. (Those journals shown above with an asterisk* may be accessed electronically on-line through the Voyager Catalogue of the Monash University Library:www.lib.monash.edu.au).

A useful website for Australian research is provided by the Bureau of Infrastructure, Transport and Regional Economics; another excellent source of information is the TRIS (Transportation Research Information Services) database. TRIS is provided by the US Transportation Research Board on-line.