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UK train economics
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Module 1
The UK Rail Industry: Structure and Regulation
1
UK Railway Structure: Key Players and Roles
Describe the institutional structure of UK railways, including the roles of Network Rail, train operating companies (TOCs), and the Department for Transport.
Describe the institutional structure of UK railways, including the roles of Network Rail, train operating companies (TOCs), and the Department for Transport.
2
Post-Williams-Shapps: Government-Operator Contracting
Explain the current contracting arrangements between government and operators following the Williams-Shapps reforms.
Explain the current contracting arrangements between government and operators following the Williams-Shapps reforms.
3
Rail Responsibilities & Funding: Network Rail vs. TOCs
Distinguish the responsibilities and funding sources for infrastructure (Network Rail) versus train operations (TOCs).
Distinguish the responsibilities and funding sources for infrastructure (Network Rail) versus train operations (TOCs).
4
Economic Rationale for ORR's Regulatory Functions
Analyze the economic rationale for the Office of Rail and Road's (ORR) key regulatory functions, such as setting track access charges and overseeing competition.
Analyze the economic rationale for the Office of Rail and Road's (ORR) key regulatory functions, such as setting track access charges and overseeing competition.
5
Understanding Track Access Charges
Analyze the structure and economic purpose of track access charges levied on train operators.
Analyze the structure and economic purpose of track access charges levied on train operators.
6
Open-Access vs. Contracted Operators: Business Models, Incentives, and Market Impact
Contrast the business models and incentives of open-access operators versus contracted operators, and analyze their respective impacts on competition and fares.
Contrast the business models and incentives of open-access operators versus contracted operators, and analyze their respective impacts on competition and fares.
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