1. (a) Explain the determinants of demand for a passenger transport mode of your choice.
(b) Discuss the effectiveness of using taxes and subsidies to switch passengers from private car to local bus and rail transport. (15)
2. (a) Explain how the costs associated with road traffic congestion lead to a misallocation of resources. (10)
(b) Discuss the effectiveness of increasing the supply of road space to reduce traffic congestion.
3. (a) Explain the benefits of an integrated transport policy. (10)
(c) Discuss the extent to which the present structure of the UK rail industry contributes towards an integrated transport policy. (15)
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9 years ago