The class of Statistical Techniques for ITS Application was established to provide in-dept and advanced statistical theories applied on various ITS systems. ITS system is composed of many different sub-systems, thus it is necessary to collect and evaluate the performance data in order to operate and manage the ITS system efficiently. Statistical Techniques for ITS Application Especially, this class provides in-depth treatment of application and theory on vertical alignment, horizontal alignment, and cross section. This class introduces the design principles and techniques for various traffic facilities such as intersection, roadway, terminal, at-grade intersection, and interchange. Several before-and-after study results will be presented with real-world data to help the understanding of class contents. This class provides in-depth treatment of these enhanced techniques and theories for efficient traffic operation. For this, it is important to understand the fundamental characteristics of travel behavior, various functions of traffic facility, and operational strategy. Traffic operation tends to improve the operational efficiency of traffic facilities by applying traffic control devices and control strategies in order to provide safe and efficient movement of people and goods. Interchange design for freeways and design of at-grade intersections, parking garages and parking lots, and terminal facilities, are dealt with. Finally, this course also focuses upon the economic and financial aspects of transportation, which specifically entails the basics of the principle of engineering economics.įunctional and preliminary design principles and analyses for freeways, arterials and terminals are presented. Application to transportation systems include congestion pricing, technological change, resource allocation, market structure and regulation, revenue forecasting, public and private transportation finance, and project evaluation, covering urban passenger transportation, freight, aviation and intelligent transportation systems. Furthermore, demand models, discrete choice analysis, cost models and production functions, and pricing theory will be taught. The microeconomic concepts central to transportation systems will be covered. Other topics covered include economic theories of the firm, the consumer, and the market.
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It covers the key economics principles governing transportation planning, investment, operations and maintenance. Basically, this course introduces economic principles in transporation aspects.