If you are an ambitious numerate graduate, or a practitioner in the field, this Masters degree will equip you with the analytical skills for a rewarding career supporting transport delivery and policy-making at national, regional and local level.
You'll study transport economics, as well as econometrics and cost-benefit analysis. This Masters degree will teach you a suite of economic skills to help promote economic growth within a regulatory framework that minimises any damaging health and environmental impacts, while incentivising the best use of resources.
You’ll also learn economic research techniques to help you develop transport networks that are founded on robust evidence, sustainable and equitable principles, state-of-the-art modelling, accurate data analysis, and an understanding of human psychology.
Throughout this Masters degree, you’ll expand your fluency in:
- Economic appraisal – to better understand the complex interface between transport and the wider economy
- Micro-economics – to understand pricing techniques, the importance of economic regulation and the valuation of third party costs and benefits
- Econometrics – to develop your quantitative models with real world data and test economic theories
- Independent research – opening the gateway to a career in transport research in either academia or consultancy.
Through being part of a multi-disciplinary project team, you’ll also gain insights into how economics, planning, environmental science, modelling and engineering can work together to design sustainable solutions to global challenges. This industry-inspired approach will enable you to apply your knowledge to real-world issues in the field.
Our Masters degrees have been designed following close consultation with industry and academia to help prepare you for employment in your chosen field. They also address the multi-disciplinary nature of transport – enabling you to make effective decisions for clients, employers and society.
During the course, you’ll also gain experience of what it’s really like to work in the transport sector by collaborating with a project team of students from our other degrees through our Transport Integrated Project module.
The Institute for Transport Studies was established as the UK’s first multi-disciplinary transport department, and we continue to lead the field with our research. Our economics research has been successful in bridging the interface between academia and industry. For example, the Cost, Quality, Customer (CQC) Efficiency Network initiative offers local authorities throughout Britain the ability to quantify the scope for cost savings in the delivery of highway services and to identify better practises.
Other study options
This programme is available part time over 24 or 36 months. We are flexible as to how you choose to study this course so that you can combine it with other commitments, such as an existing job. Please get in touch with our admissions team to discuss part time study options.
You can also study this subject at Postgraduate Diploma level, part time or full time, or at Postgraduate Certificate level with our PGCert in Transport Studies.
Online taster course
‘Transport Systems: Global Issues and Future Innovations’ is a free online course, delivered via FutureLearn, introducing how the transport sector can develop infrastructures that meet the needs of a 21st century population.
Whether you're a current undergraduate student, or a mid-career professional considering a Masters degree, this course offers a great taste of studying transportation challenges at a postgraduate level
This course is accredited by the Chartered Institute of Logistics and Transport (CILT UK).