Transportation Economics explores the efficient use of society’s scarce resources for the movement of people and goods. This book carefully examines transportation markets and standard economic tools, how these resources are used, and how the allocation of society resources affects transportation activities. This textbook is unique in that it uses a detailed analysis of econometric results from current transportation literature to provide an integrated collection of theory and application. Its numerous case studies illustrate the economic principles, discuss testable hypotheses, analyze econometric results, and examine each study’s implications for public policy. These features make this a well-developed introduction to the foundations of transportation economics. Additional case studies on a spectrum of domestic and international transportation topics available at http: //www .blackwellpublishers.co.uk/mccarthy in order to keep students abreast of recent developments in the field and their implications for public policy. The paperback edition of this book is not available from Blackwell in the US or Canda.