TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis 424: Engineering Economic Analysis Practices for Highway Investment explores how U.S. transportation agencies have applied engineering economics--benefit–cost analyses and similar procedures--to decisions on highway investments.

This textbook provides a fundamental overview of the application of engineering economic principles to transportation infrastructure investments. Basic theory is presented and illustrated with examples specific to the transportation field. It also reviews the history of transportation finance, as well as current methods for funding transportation investments in the U.S. Future problems and potential solutions are also discussed and illustrated.

The repair, renovation and replacement of highway infrastructure, along with the provision of new highways, is a core element of civil engineering, so this book covers basic theory and practice in sufficient depth to provide a solid grounding to students of civil engineering and trainee practitioners. Moves in a logical sequence from the planning and economic justification for a highway, through the geometric design and traffic analysis of highway links and intersections, to the design and maintenance of both flexible and rigid pavements Covers geometric alignment of highways, junction and pavement design, structural design and pavement maintenance Includes detailed discussions of traffic analysis and the economic appraisal of projects Makes frequent reference to the Department of Transport’s Design Manual for Roads and Bridges Places the provision of roads and motorways in context by introducing the economic, political, social and administrative dimensions of the subject

Highly regarded for its clarity and depth of coverage, the bestselling Principles of Highway Engineering and Traffic Analysis provides a comprehensive introduction to the highway-related problems civil engineers encounter every day. Emphasizing practical applications and up-to-date methods, this book prepares students for real-world practice while building the essential knowledge base required of a transportation professional. In-depth coverage of highway engineering and traffic analysis, road vehicle performance, traffic flow and highway capacity, pavement design, travel demand, traffic forecasting, and other essential topics equips students with the understanding they need to analyze and solve the problems facing America’s highway system. This new Seventh Edition features a new e-book format that allows for enhanced pedagogy, with instant access to solutions for selected problems. Coverage focuses exclusively on highway transportation to reflect the dominance of U.S. highway travel and the resulting employment opportunities, while the depth and scope of coverage is designed to prepare students for success on standardized civil engineering exams.