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.
(b) Discuss the extent to which recent trends in freight transport are sustainable.

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

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