Question1
Using examples, explain the following in the context of transport economics:
1.1.
Intermodal Transportation
1.2.
Derived Demand
1.3.
Social Significance
1.4.
Freight Brokers
1.5.
Owner operator
[5 Marks]
[5 marks]
[5 Marks]
[5 Marks]
[5 Marks]
Question2
Sub-total: 25 Marks
2.1. Discuss at least five (5) inherent characteristics of passenger transportation.
[10 Marks]
2.2. Narrate with examples at least three (3) challenges of containerization.
[15 Marks]
Sub-total: 25 Marks
Question3
Transportation is fundamental to the development and operation of an industrial society. Critically
analyze all the five variables associated with a microeconomic view of transportation
[25 Marks]
Question 4
The role of transport in an economy cannot be under emphasized, transport not only provides place and
price utility for product, and it also ensure passenger mobility to satisfy the individual needs of us all.
Despite all the positive, transport comes with associated costs. Using practical examples, explain the
environmental challenges associated with transport in an economy.
[25 Marks]
Sub-Total [25 Marks]
Grand Total: 100 Marks
END OF QUESTIONS...