| Code |
16288
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| Year |
1
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| Semester |
S2
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| ECTS Credits |
6
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| Workload |
TP(30H)
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| Scientific area |
Economics
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Entry requirements |
Non-applicable.
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Learning outcomes |
The purpose of this course is to introduce the students to the basic concepts of the economics of tourism. As a result, the students must attain the following objectives:
- An understanding of the fundamental aspects of macroeconomic theory.
- An understanding of the basic tools used in the analysis of macroeconomic theory.
- The capability of solving current problems in tourism economics using the analytical tools presented in the classroom.
At the end of the semester, the student must show competence and understanding of basic theories that relate to this economic activity, including the capacity to solve and explain current policy issues that relate to this subject area.
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Syllabus |
1. Introduction
1.1 Fundamental concepts
1.2 The economic characteristics of tourism
1.3 Pertaining questions to the economics of tourism
1.4 Measures of tourist activity
2. The market
2.1 The market demand for tourism
2.2 The market supply for tourism
2.3 Market equilibrium and state intervention
3. Strategy and competitiveness in the tourist market
3.1 The competitive environment
3.2 The technological environment
3.3 The political and sociocultural environment
3.4 The macroeconomic environment
4. Tourism and its economic impact
4.1 The impact factor in the macroeconomic environment
4.2 The multiplier effect of tourism
4.3 The macroeconomics of special events
5. Additional topics in the economics of tourism
5.1 Investment project evaluation at the micro and macro levels
5.2 Tourism and economic development
5.3 Tourism and economic sustainability
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Main Bibliography |
Bermudez, Isabel Vazquez; Limón, Miryam González, 2014, Introducción a la Economia en el Sector Turístico, Editorial Síntesis, Madrid
Cunha, Licínio, 2013, Economia e Política do Turismo, Lidel, Lisboa
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Teaching Methodologies and Assessment Criteria |
Bearing in mind the objectives focused on the development and acquisition of the competences proposed for this course, the following methodologies are used: (1) Expositive: presentation of concepts, models and empirical approaches applied to Tourism Economics; (2) Participative: analysing and discussing studies, reports, public policy documents, articles and case studies on Tourism Economics topics, which prepare the student for the autonomous preparation of research work; (3) Self-study: related to the student's autonomous work in developing a working document on Tourism Economics topics: demand; supply; competition; innovation, growth; and sustainable development; and (4) Active: with an individual test. The assessment instruments are: (1) Writing and defence of an individual working paper (60%); and (2) Written test (40%).
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Language |
Portuguese. Tutorial support is available in English.
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