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Economics of Land Transport in Singapore - Keeping Public Transport Fares Affordable

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Uploaded by on Mar 30, 2011

Jointly developed by LTA and MOE and launched in August 2010 for A'Levels Economics students, this is the third of a series of four case study videos that illustrate how economic concepts and principles apply to the land transport system in Singapore.

Keeping Public Transport Fares Affordable:
Have you ever wondered how public transport fares are determined? Is it a simple case of the market forces of supply and demand or are there any other influences? Find out how prices are set and how regulation plays a part in keeping public transport fares affordable in Singapore.

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Education

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  • his voiceover is William Xavier of 938LIVE.

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