Information Package

Hospitality Management International Joint Master's Program with Thesis

HMAN551

TOURISM ECONOMICS

Course Code
HMAN551
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelMaster's Degree With Thesis
Year of Study-
Semester-
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Explains the basic concepts of tourism economics and the dynamics of supply and demand.
  2. Analyzes the impact of tourism on economic growth and development, supporting with concrete examples.
  3. Conducts pricing strategies and cost analysis in the tourism sector.
  4. Evaluates the effects of tourism on the balance of payments, employment, and income distribution.
  5. Develops sustainable tourism economy models and balances economic, environmental, and social dimensions.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionThis course covers micro and macroeconomic approaches in tourism, analysis needs, micro and macro analysis of tourism supply, micro and macro analysis of tourism demand, demand forecasting methods, measuring the economic impacts of tourism, methods for calculating tourism revenues, and new approaches and developments in tourism economics.
Course Contents
WEEK TOPICS
1st Week Microeconomic Approaches in Tourism
2nd Week Macroeconomic Approaches in Tourism
3rd Week Analysis of Needs and Analytical Requirements in Tourism
4th Week Micro Analysis of Tourism Supply
5th Week Macro Analysis of Tourism Supply
6th Week Micro Analysis of Tourism Demand
7th Week Macro Analysis of Tourism Demand
8th Week Midterm Exam
9th Week Demand Forecasting Methods in Tourism
10th Week Measuring the Economic Impacts of Tourism I
11th Week Measuring the Economic Impacts of Tourism II
12th Week Methods for Calculating Tourism Revenues
13th Week Satellite Accounts System in Tourism
14th Week New Approaches and Developments in Tourism Economics
Recommended or Required ReadingBull, Adrian (1995), The Economics of Travel and Tourism, Longman, Second Edition, Melbourne
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 2 2
Preparation for Quiz
Individual or group work 10 4 40
Preparation for Final exam 10 4 40
Course hours 14 2 28
Preparation for Midterm exam 10 3 30
Laboratory (including preparation)
Final exam 1 2 2
Homework
Total Work Load142
Total Work Load / 30 (h)4.73
ECTS Credit of the Course5
Language of InstructionEnglish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5
K1 X X X X X
K2
K3 X X X X X
K4
K5
K6
K7
K8
K9
K10