Tourism Economics 26-27 S2

This course provides students with the opportunity to learn the fundamental concepts of tourism economics. This knowledge will enable them to pursue further training in tourism or to prepare for a doctorate program in economics with a focus on the tourism industry. By mastering the theoretical foundations of this field, students will be better equipped to understand the economics of tourism and its impact on various aspects of society.

The following are the key topics that will be covered in this course:
– A comprehensive understanding of tourism economics, including its various components and how they interact with each other.
– The ability to calculate various tourism economics indicators, such as the contribution of tourism to GDP, the number of jobs created by the tourism industry, and the economic impact of tourism on a local or national level.
– An understanding of how to measure the economic impact of tourism, including the various methods and tools that can be used to assess the benefits and costs of tourism development.
– A solid grasp of the theoretical foundations of yield management, including the principles of pricing, revenue management, and capacity utilization.

Teaching language: English

1. Mode of Delivery: online self-study

2. Learning resources and tools: POD, Big Blue Button, website…

Course units:

1. Presentation of the course, objectives, definition used in tourism economics
2. Tourism impacts (direct, indirect and induced)
3. Tourism leakages
4. Multiplier effect of tourism (closed and opened economy)
5. Application and exercises lesson 1
6. How to measure tourism demand?
7. Price and non-price effects on tourism demand
8. Tourism elasticities
9. The model of Rugg
10. Application and exercises lesson 2
11. The determinants of the tourism supply
12. Value added-chain in Tourism
13. The international Division of Tourism Production (IDTP)
14. Market structures in tourism economics
15. Application and exercises lesson 3
16. Tourism prices and costs
17. Prices discrimination in tourism
18. Tourism prices discrimination at the third degree
19. Foundations of the Yield Management
20. Application and exercises lesson 4

Timetable:

Self study and two live sessions

• EUNICE student: enrolled as a student (Bachelor’s degree in economics or Master) in one of the universities of EUNICE European University consortium (check universities here).
• English level: B2.
• Fundamentals of microeconomics
• The study levels this course is available for Master. But it can be open for students with a bachelor’s degree in economics who wish to discover the tourism issues; or doctoral students seeking to expand their understanding of tourism economics.

Study Level: Bachelor, Master, PhD

• Submit your application via the button ‘Apply Now’.
• Please keep in mind that the number of participants could be limited for each course. Application does not guarantee enrolment in the course.
• The course participants will be selected based on criteria specified in the study guide.
• Your home university will inform you whether you have been accepted and provide further information about the next steps.

Specific instructions in some universities:

• BTU students: a Learning Agreement must be completed in advance in coordination with your departmental advisor. Please contact your examination office and study programme coordinator in good time once you are accepted for the courses you would like to attend. For any other questions you can contact: eunice@b-tu.de
• UPHF students: make sure to ask the approval of your director of studies (responsable pédagogique) before applying. For any question, you can contact the EUNICE office: eunice@uphf.fr
• UoP students: for questions about enrolment and recognition please consult  the responsible person at your university (Director of Studies or ECTS coordinator) or contact eunice@go.uop.gr

Any questions about enrolment or credit recognition?  Contact your EUNICE courses coordinator.