- Start date: 29 October 2020
- End date: 30 October 2020
- Fees: £800
- Venue: The course will be held in ITS training facilities at the University of Leeds, Leeds LS2 9JT
The politics of devolved decision-making to cities has put the spotlight on how transport affects economic performance. Growth Deals, City Deals, transport infrastructure funds and Payment by Results are the outcomes of the new politics. Transport schemes are now judged and prioritised on their expected economic outcomes. Like it or not Gross Value Added and jobs are now part of the lexicon in transport planning, but:
- Have we got the right tools to be making decisions based on GVA and jobs?
- Are these tools being applied correctly?
- What is a reasonable level of economic impact? And;
- Underlying all that why do we expect transport to affect the economy?
Judging from the many claims and counter-claims of ‘expected’ economic impact in the media, it may seem like the economic performance of transport has been reduced to rhetoric.
The primary aim of this course is therefore to give transport professionals the knowledge to see through the rhetoric and understand the fundamentals regarding the role that transport can play in shaping the economy and how those impacts can be brought into appraisal. After attending this course transport professionals will:
- have a solid grasp of how, when, why and to what extent transport infrastructure affects businesses and the economy,
- understand how to incorporate economic impacts into a transport cost benefit analysis, and
- understand alternatives to cost benefit analysis
Designed for people in the industry, these courses will develop up-to-date skills and knowledge for all transport professionals. They typically last 1-5 days and are accredited to contribute to your personal development requirements.Short courses are taught by active research staff and teachers, with external experts contributing, and are normally held at the Institute for Transport Studies. Alternate arrangements can be made to bring a course closer to you.
These courses can also help you to attain credits towards a postgraduate qualification at the University of Leeds – you will have to formally apply to be a student here, so get in touch to find out more. All courses can be tailor-made to your company’s particular needs. Please get in touch to discuss bespoke course options.
The course contains material on three themes. The first theme is concerned with how transport affects businesses, and transport’s place in regional growth theories. This includes the size and nature of the impacts that transport infrastructure has on the economy. The second theme gives an introduction to regional economy modelling methods including reduced form models and input-output models. It touches on land use transport interaction models and computable general equilibrium. The third theme brings together the two earlier parts and examines how economy impacts can be incorporated into appraisal both within either a cost benefit analysis paradigm or in a GVA prioritisation approach.
Who should attend?
The course is suitable for transport professionals already working in the field of economy impacts of transport as well as those who intend to become involved in this field. It is targeted at:
- Consultants and government officials who are estimating economy impacts;
- Government officials who need to understand the economy impacts of transport so as to present to Councillors or Ministers; and
- Academics and postgraduate students who may be embarking on research in this field.
The course will be held in ITS training facilities at the University of Leeds, Leeds LS2 9JT.
Institute for Transport Studies
Leeds LS2 9JT
Tel: 0113 343 9904