Description of Individual Course Units
Course Unit CodeCourse Unit TitleType of Course UnitYear of StudySemesterNumber of ECTS Credits
140400105114TOURISM ECONOMICSElective354
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
1Students able to learning the basic laws of economics
2Knowledge of economic data in the tourism sector and the implementation of laws
3Supply, demand and the economy may comment on the markets
4Have a good knowledge about the impact of tourism on the economy
5Students 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
WeekTheoreticalPracticeLaboratory
1Needs, 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
4Tourism supply curve changes / Tourism supply elasticity
5Equilibrium price and equilibrium quantity / The assumptions of perfect competition in tourism
6Total utility, marginal utility, law of diminishing benefits, indifference curve approach, prestige consumption and Veblen curve
7Tourism production function, accommodation establishments properties, tourism, transportation and travel services, manufacturing characteristics, the general characteristics of food businesses
8 Midterm 1
9National income accounting and tourism, the place and importance of tourism, balance of payments and tourism, foreign currency exchange rates and tourism
10Economic 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
14Types of tourism planning, tourism planning process
15Final
Recommended or Required Reading
Planned Learning Activities and Teaching Methods
Assessment Methods and Criteria
Term (or Year) Learning ActivitiesQuantityWeight
Midterm Examination1100
SUM100
End Of Term (or Year) Learning ActivitiesQuantityWeight
Final Examination1100
SUM100
Term (or Year) Learning Activities40
End Of Term (or Year) Learning Activities60
SUM100
Language of Instruction
Work Placement(s)
Workload Calculation
ActivitiesNumberTime (hours)Total Work Load (hours)
Midterm Examination111
Final Examination122
Self Study148112
Individual Study for Mid term Examination111
Individual Study for Final Examination111
Homework155
TOTAL WORKLOAD (hours)122
Contribution of Learning Outcomes to Programme Outcomes
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* Contribution Level : 1 Very low 2 Low 3 Medium 4 High 5 Very High
 
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