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Economics syllabus

ECO 3016 units · 23 topicsAcademic year 2083/84
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Economics

6 units

1. Fundamentals of Tourism Economics (10 LHs)

  1. Economic principles and tourism business
  2. Microeconomics and macroeconomics
  3. Tourism products, resources and related sectors
  4. Leisure and tourism growth
  5. Rural tourism, ICT and impacts

2. Economics of Tourism Demand and Supply (12 LHs)

  1. Tourism demand function and determinants
  2. Tourism demand curves and elasticities
  3. Price elasticity and revenue
  4. Tourism supply and price elasticity

3. Market Equilibrium and Efficiency in Tourism Products (6 LHs)

  1. Tourism market equilibrium
  2. Economic efficiency
  3. Tax, subsidy and price control effects

4. Production, Cost and Pricing for Tourism Products (8 LHs)

  1. Tourism production function
  2. Accounting and economic costs and profits
  3. Market structure and profit maximization
  4. Price discrimination and other pricing practices

5. Macroeconomics and Tourism Industry (6 LHs)

  1. GDP, GNI, growth, inflation and business cycle
  2. Tourism effects on employment and balance of payments
  3. Macroeconomic environment and tourism business

6. Quantitative Methods of Tourism Economics (6 LHs)

  1. Demand estimation and regression
  2. Demand forecasting methods
  3. Private and public tourism project analysis
  4. Tourism yields and future factors