Tourism Economics

Non applicable

The teaching-learning process is based on the articulation of different methodologies: i) Lectures; ii) Tutorial discussion; iii) Practical applications (exercises, analysis of texts, case studies); iv) Teacher-oriented research activities.

1. To kwow the concepts and methodologies most used by economic science.

2. To understand the mechanisms of price formation of touristic goods.

3. To understand the relationships between economic agents in the tourism sector.

4. To understand the specificity of tourism economy.

5. To demonstrate knowledge of the role of tourism in society and its contribution to economic growth and development.

1. Introduction: Economics as a social science: object; method and different levels of approach; Opportunity cost concept; Economics of tourism in the context of Economics; Economic agents and tourism markets

2.1. Economic circuit and relations between agents: Supply and demand of tourism goods; Demand and supply forecasting techniques; Market imperfections; Factors market

3. National economy and the tourism system: Main results of national accounts; Tourism satellite account; The role of the State in the tourism sector

4. Tourism as a development factor: Impact of Tourism on national and regional economies; Economy and politics of global tourism

NAO