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Public Transport, Formula 1 and Dynamic Efficiency

Ian Pryer

2nd July 2013

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Here is a fantastic and interesting article that caught my eye today. It seems ideal additional reading for teachers and students doing the OCR Transport module in particular, but any economics module covering dynamic efficiency.

http://www.bbc.co.uk/news/business-23132335

It explains how Virgin and other train operators, plus bus and tram firms are working with Williams F1 team to help them improve their service, efficiency and reliability.

Let's just hope the buses aren't using F1 tyres!

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Ian Pryer

Head of Economics and Business, Hills Road Sixth Form College, Cambridge since September 2014. Previously at Freman College, Buntingford for four years firstly as an NQT/class teacher and then has Head of Department. Formerly worked in retail financial services for nearly a decade. Husband, father and lover of Watford FC, darts and cooking.

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