Course
| code | TM234 |
| credit_hours | 3 |
| title | Tourism Economics |
| arbic title | |
| prequisites | EI131 |
| credit hours | 3 |
| Description/Outcomes | This course introduces students to recreation, leisure and tourism organizations and the market for recreation, leisure and tourism products. Then, it explores the External Environment, stating the competitive, technological, political, socio-cultural environments and the economic environment. It presents investment in the private sector and investment in the public sector. This course aims to address the economic impacts including tourism income, tourism employment and prices of the tourism products. Then, it tackles the economic development and regeneration. It also explores the global economy considering the balance of payments and exchange rates and the globalization from the economic perspective. Finally, the course presents environmental economics especially environmental impacts and action for sustainability. |
| arabic Description/Outcomes | |
| objectives | Use a theory base of economics to study travel and tourism.
Understand some of the central issues in tourism to which economic analysis can contribute.
Apply Microeconomics and Macroeconomics within the travel and tourism context. |
| arabic objectives | |
| ref. books | |
| arabic ref. books | |
| textbook | |
| arabic textbook | |
| objective set | bullets |
| content set | combined |
Course Content
| content serial |
Description |
| 1 |
Recreation, Leisure and Tourism Organization
Public sector organizations
Private sector organizations
|
| 2 |
Economic Impacts Macro and Micro
Income
Employment
Price
Economic development and regeneration
|
| 3 |
Markets for Recreation, Leisure and Tourism Products
Demand for recreation, leisure and tourism products
Supply of recreation, leisure and tourism products
|
| 4 |
Global Economy
Balance of payment
Exchange rate
Globalization
|
| 5 |
External Environment
Competitive environment
Technological environment
Political environment
Sociocultural environment
Economic environment
|
| 6 |
Environmental Economics
Environmental impacts
Actions for sustainability
|
| 7 |
Investment
Private sector investments
Public sector investments
|
| 8 |
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| 9 |
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| 10 |
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| 11 |
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| 12 |
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| 13 |
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| 14 |
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| 15 |
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| 16 |
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