Exam questions (June 2005)

1. (a) Explain the main problems associated with monopolies. [10]
Discuss the possible impact of greater regulation on the local bus industry in the UK. [15]

2. (a) Explain the determinants of demand for the main modes of freight transport.
[10]
(b) Discuss the extent to which recent trends in freight transport are sustainable.
[15]

3. Following the introduction of the congestion charge in London in 2003, there have been suggestions for a more widespread introduction of road user charging in other UK cities.
(a) Explain the economic basis for road user charging in cities. [10]
Discuss the likely impact on businesses of widespread road user charging in UK cities. [15]

Answers/guidelines here