Abstract
All decisions related to planning, design, and improvement of transportation infrastructure have economic implications. Transport economics includes the issues such as transport location, movement of people and freight/goods, transport demand, transport planning and forecasting, direct and indirect cost of transport, pricing of transport services, investments in transport infrastructure and services, transport and social-economic development, and transport regulation. In this chapter the transport economics is considered from the microeconomic perspective. We consider various aspects of the direct costs and pricing of transport infrastructure and services of different transportation modes.
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