Cowie (transport economics, Napier U., Edinburgh) presents a textbook for a graduate or undergraduate course on the economics or appraisal of transport, or that considers one or the other
within a broader field. He outlines and illustrates the main principles of economic theory and practice that are applicable to the transport industries and can help clarify the issues facing
the industries today. He assumes no background in economics, and so emphasizes concepts rather than calculation. Among his topics are the market for transport services, imperfect competition in
transport markets, transport regulation and ownership, the economics of freight transport, and transport appraisal. Annotation ©2010 Book News, Inc., Portland, OR (booknews.com)