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Description of Individual Course UnitsCourse Unit Code | Course Unit Title | Type of Course Unit | Year of Study | Semester | Number of ECTS Credits | 140400105114 | TOURISM ECONOMICS | Elective | 3 | 5 | 4 |
| Level of Course Unit | First Cycle | Objectives of the Course | - Of the tourism sector of the economy in relation to the generally accepted laws, to give a multi-perspective - Tourism - to interpret the mutual relationship between the economy - Economic data to understand their impact on domestic and foreign tourism - To understand the consumer and firm behavior in tourism | Name of Lecturer(s) | | Learning Outcomes | 1 | Students able to learning the basic laws of economics | 2 | Knowledge of economic data in the tourism sector and the implementation of laws | 3 | Supply, demand and the economy may comment on the markets | 4 | Have a good knowledge about the impact of tourism on the economy | 5 | Students able to comment ıinterpret the role of tourism on economic growth and development |
| Mode of Delivery | Daytime Class | Prerequisites and co-requisities | NONE | Recommended Optional Programme Components | | Course Contents | Basic concepts of tourism and the economy / Tourism Supply / Tourism demand / Factors affecting the supply and demand of tourism / Tourism market price determination / Markets and Tourism / The importance of the tourism sector in the economy / Measurement of the economic impact of tourism / tourism planning and policy | Weekly Detailed Course Contents | |
1 | Needs, scarcity, opportunity cost, production possibilities curve / Micro economy and tourism / Macro economy and tourism | | | 2 | Domestic tourism demand / Foreign tourism demand / Tourism demand curve / Quantity demanded and the demand curve | | | 3 | Tourism demand elasticity / Tourism supply / Tourism products | | | 4 | Tourism supply curve changes / Tourism supply elasticity | | | 5 | Equilibrium price and equilibrium quantity / The assumptions of perfect competition in tourism | | | 6 | Total utility, marginal utility, law of diminishing benefits, indifference curve approach, prestige consumption and Veblen curve | | | 7 | Tourism production function, accommodation establishments properties, tourism, transportation and travel services, manufacturing characteristics, the general characteristics of food businesses | | | 8 | Midterm 1 | | | 9 | National income accounting and tourism, the place and importance of tourism, balance of payments and tourism, foreign currency exchange rates and tourism | | | 10 | Economic growth, development, and tourism, investment, employment, inflation and tourism | | | 11 | Cost-benefit analysis in tourism, tourism multiplier calculations, input-output analysis of tourism, tourism used in the analysis | | | 12 | Cost-benefit analysis in tourism, tourism multiplier calculations, input-output analysis of tourism, tourism used in the analysis | | | 13 | Perfectly competitive markets and tourism, and tourism monopoly, monopolistic competition market and tourism, oligopoly market and tourism | | | 14 | Types of tourism planning, tourism planning process | | | 15 | Final | | |
| Recommended or Required Reading | | Planned Learning Activities and Teaching Methods | | Assessment Methods and Criteria | |
Midterm Examination | 1 | 100 | SUM | 100 | |
Final Examination | 1 | 100 | SUM | 100 | Term (or Year) Learning Activities | 40 | End Of Term (or Year) Learning Activities | 60 | SUM | 100 |
| Language of Instruction | | Work Placement(s) | |
| Workload Calculation | |
Midterm Examination | 1 | 1 | 1 | Final Examination | 1 | 2 | 2 | Self Study | 14 | 8 | 112 | Individual Study for Mid term Examination | 1 | 1 | 1 | Individual Study for Final Examination | 1 | 1 | 1 | Homework | 1 | 5 | 5 | |
Contribution of Learning Outcomes to Programme Outcomes | LO1 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | LO2 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 3 | 3 | 4 | 3 | 4 | 3 | 3 | LO3 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 3 | 3 | 4 | 3 | 3 | 3 | LO4 | 3 | 4 | 3 | 3 | 4 | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | LO5 | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 3 |
| * Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High |
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Iğdır University, Iğdır / TURKEY • Tel (pbx): +90 476
226 13 14 • e-mail: info@igdir.edu.tr
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