Wednesday 14 January 2009

Third runway for Heathrow

Year 13 economists have a field day on transport economics this week. This Friday they are lucky enough to have Alex Hynes, the Commercial Director for London Midland come in to give a presentation on the rail industry. Very timely given the January module examination!

Tonight the BBC breaks the news that the Government has given the go-ahead for a thrid runway at Heathrow airport. Lots of relevant issues here for students to mull over as a way of revising some of the key bits of the specification - environment, sustainability, externalities, cost-benefit analysis to name but a few.

Well worth reading more on this.

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