110 http://isa.epfl.ch/imoniteur_ISAP/ itffichecours.txt?path=EPFL.Etu.FicheCours.HeaderFR itffichecours.txt?path=EPFL.Etu.FicheCours.GlobalNav_js fr 2026 942953 6683147 942953 2840683608 2840683608 0 0 Sciences et ingenierie de l'environnement SIE ENAC Faculté de l'environnement naturel, architectural et construit School of Architecture, Civil and Environmental Engineering !itffichecours.htm?ww_i_matiere=2560092663&ww_x_anneeAcad=2840683608&ww_i_section=942953&ww_i_niveau=6683147 1696552884 1696552963 2025-2026 COURSE BOOKLET CIVIL-455 Transportation economics Transportation economics Lecturers de Palma André Jean-Louis Julien, Geroliminis Nikolaos, Yang Zhenyu Language of teaching English Cursus Civil Engineering(2025-2026, GC - Master 2024)
Civil Engineering(2025-2026, GC - Master 2025)
Civil engineering minor(2025-2026, Mineur : Génie civil 2025-26)
Territories in transformation and climate minor(2025-2026, Mineur : Territoires en transformation et climat 2025-26)
Urban systems(2025-2026, SIE_SU - Master 2025)
SemesterMand.OptionFilières
Ex
MA2, MA4xC
MA2xA
 Credits 3 Session Summer Workload 90h Exam During the semester Number of positions Semester Spring Weeks 14 Hours 3 weekly
Courses 2 weekly
Exercises 1 weekly
Study planSemesterMand.OptionFilières
Génie civil 2025-26MA2xC
Génie civil 2025-26MA4xC
Mineur : Génie civil 2025-26Ex
Mineur : Territoires en transformation et climat 2025-26Ex
Systèmes urbains 2025-26MA2xA
Cursus Sem. Type
Civil Engineering MA2, MA4 Opt.
Civil engineering minor E Opt.
Systèmes urbains MA2 Opt.
Territories in transformation and climate minor E Opt.
Summary The scope of the lecture is to provide the basic concepts in transport economics and introduce new ones for private and public transport and environmental issues. Demand, supply, welfare analysis and regulation will be illustrated. Content

-Foundation of microeconomics: consumer behaviour, firm behaviour, cost functions, equilibrium, optimum, perfect and imperfect competition.
-Transport in Europe and in the world, passenger and freight. Urban development.
- Static model in Transport. Small network (analytical): equilibrium, optimum, pricing. Cost in transport.
-Dynamic model in Transport. One route: equilibrium, optimum, pricing in the homogeneous case. Extension to take account of heterogeneity. Large scale models. Road pricing.
- Cost benefit analysis and self-financing. The 4 stage model revisited. Risk: theory, measure and applications. 
- Externalities: environmental externalities, accidents. Local and global pollution. Instruments and regulation. 
- Demand, Discrete Choice Models. Modeling demand from individuals, households and firms in the domains of transport and urban Economics. Estimation of demand using binary and multinomial models.
- LUTI Models. Modeling interactions between residential location, job and firm location, real estate prices, urban development, and transportation. Partial and general equilibrium.

 Keywords

transport economics, equilibrium, rational behaviour, competition, pricing, externalities

 Learning Prerequisites Required courses

Traffic Engineering (GC-349) or Consent of the Instructor

 Important concepts to start the course

Calculus and Algebra

 Learning Outcomes By the end of the course, the student must be able to:
  • Design multimodal systems
  • Analyze equilibrium models
  • Assess / Evaluate consumer behaviour
  • Demonstrate knowledge in transport economics
  • Develop discrete choice models
  • Illustrate environmental externalities
  • Investigate cost benefit analysis
 Transversal skills
  • Plan and carry out activities in a way which makes optimal use of available time and other resources.
  • Evaluate one's own performance in the team, receive and respond appropriately to feedback.
  • Access and evaluate appropriate sources of information.
  • Demonstrate a capacity for creativity.
 Teaching methods

Ex-cathedra with assisted exercises, course group projects

 Expected student activities

Attending lectures, doing exercises and lab projects, preparing for exams

 Assessment methods

30% Midterm

40% Final exam

30% Laboratory/group projects

 Supervision Office hours Yes Assistant.e.s Yes Forum Yes Resources Virtual desktop infrastructure (VDI) No Bibliography

Material is provided in moodle that consists of scientific papers and class notes.

 Moodle Link Prerequisite for

Future studies in transportation and economics

 Génie civil, 2025-2026, Master semestre 2 Civil Engineering, 2025-2026, Master semester 2 Ecole polytechnique fédérale de Lausanne EPFL Ecole polytechnique fédérale de Lausanne EPFL 2025-2026 Master semestre 2 MA2 ETE Master semester 2 MA2 Génie civil GC Civil Engineering GC
Génie civil GC Civil Engineering GC
C optionnel optional
2 Cours Courses Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
1 Exercices Exercises Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
2560092663 Transportation economics Transportation economics 3
Pendant le semestre During the semester Crédit Credits 3 Session été Session summer ETE ETE
Génie civil, 2025-2026, Master semestre 4 Civil Engineering, 2025-2026, Master semester 4 Ecole polytechnique fédérale de Lausanne EPFL Ecole polytechnique fédérale de Lausanne EPFL 2025-2026 Master semestre 4 MA4 ETE Master semester 4 MA4 Génie civil GC Civil Engineering GC
Génie civil GC Civil Engineering GC
C optionnel optional
2 Cours Courses Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
1 Exercices Exercises Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
2560092663 Transportation economics Transportation economics 3
Pendant le semestre During the semester Crédit Credits 3 Session été Session summer ETE ETE
Systèmes urbains, 2025-2026, Master semestre 2 Urban systems, 2025-2026, Master semester 2 Ecole polytechnique fédérale de Lausanne EPFL Ecole polytechnique fédérale de Lausanne EPFL 2025-2026 Master semestre 2 MA2 ETE Master semester 2 MA2 Systèmes urbains SIE_SU Urban systems SIE_SU
Sciences et ingénierie de l'environnement SIE Environmental Sciences and Engineering SIE
A optionnel optional
2 Cours Courses Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
1 Exercices Exercises Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
2560092663 Transportation economics Transportation economics 3
Pendant le semestre During the semester Crédit Credits 3 Session été Session summer ETE ETE
Mineur en Génie civil, 2025-2026, Semestre printemps Civil engineering minor, 2025-2026, Spring semester Ecole polytechnique fédérale de Lausanne EPFL Ecole polytechnique fédérale de Lausanne EPFL 2025-2026 Semestre printemps E ETE Spring semester E Mineur en Génie civil MIN_GC Civil engineering minor MIN_GC
optionnel optional
2 Cours Courses Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
1 Exercices Exercises Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
2560092663 Transportation economics Transportation economics 3
Pendant le semestre During the semester Crédit Credits 3 Session été Session summer ETE ETE
Mineur en Territoires en transformation et climat, 2025-2026, Semestre printemps Territories in transformation and climate minor, 2025-2026, Spring semester Ecole polytechnique fédérale de Lausanne EPFL Ecole polytechnique fédérale de Lausanne EPFL 2025-2026 Semestre printemps E ETE Spring semester E Mineur en Territoires en transformation et climat MIN_TTC Territories in transformation and climate minor MIN_TTC
optionnel optional
2 Cours Courses Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
1 Exercices Exercises Heure(s) hebdo x 14 semaines Hour(s) per week x 14 weeks H hebdo H hebdo Geroliminis Nikolaos 196675
Génie civil GC Civil Engineering GC
Yang Zhenyu 356835
Génie civil GC Civil Engineering GC
de Palma André Jean-Louis Julien 243085
Génie civil GC Civil Engineering GC
2560092663 Transportation economics Transportation economics 3
Pendant le semestre During the semester Crédit Credits 3 Session été Session summer ETE ETE
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