TOURISM ECONOMICS

Academic Year 2023/2024 - Teacher: GIANPIERO TORRISI

Expected Learning Outcomes

  1. Knowledge and understanding (Conoscenza e capacità di comprensione). The unit aims to provide knowledge of the main economic aspects related to tourism and their implications for economic growth.
  2. Applying knowledge and understanding (Capacità di applicare conoscenza e comprensione). The unit aims to develop skills in applying information, using appropriate methods, concepts and theories regarding selected economic aspects of tourism and their impacto on growth to the analysis of real-world cases.
  3. Making judgments (Autonomia di giudizio). Successful students will be able to select a proper economic model in order to analyse both theoretical and real-world cases.
  4. Communication skills (Abilità comunicative). Successful students will be familiar with both the terms and the narrative related to the subject. Furthermore, they will be able to communicate to a variety of audiences including experts, practitioners, and the general public.   
  5. Learning skills (Capacità di apprendimento). Successful students will be able to understand which theoretical concept is appropriate to deal with specific problems in the field of tourism economics.

Course Structure

In-class lectures and seminars held in English.

Please be advised that the actual delivery of the unit might differ from what here stated as a consequence of eventual risk mitigating measures in response to the ongoing pandemic.

Detailed Course Content

Economics of Tourism, Economics of Destinations, Tourism Studies and Other Related Issues. Definitions and Key Concepts. The Economics of Tourism Destinations. The Consumer Theory Applied to the Tourist. Tourism, Development, and Growth. The State Intervention and the Public Organization of Tourism. Sustainable Tourism. 

Textbook Information

  • Candela, G., & Figini, P. (2012). The economics of tourism destinations. In The economics of tourism destinations (pp. 73-130). Springer, Berlin, Heidelberg.
  • Dwyer, L., Forsyth, P., & Dwyer, W. (2020). Tourism economics and policy. Channel View Publications.

Course Planning

 SubjectsText References
1Introduction: Economics of Tourism, Economics of Destinations, Tourism Studies and Other Related IssuesChapter 1
2On the Research and Teaching of Tourism Economics, Genus and Species Disciplines. Chapter 1
3Tourism Economics: a Species Discipline or a Field of Study?Chapter 1
4The Central Role of Tourism DestinationsChapter 1
5Definitions and Key Concepts: the economics of tourismChapter 2
6The Use of Models in the Economics of TourismChapter 2
7Tourism and the TouristChapter 2
8The Measurement of TourismChapter 2
9The Heterogeneity and Plurality of the Tourism ProductChapter 2
10The Economics of Tourism DestinationsChapter 4
11An Introduction to the Tourism DemandChapter 4
12The Destination as the Core Element of the Tourism SystemChapter 4
13The Pricing Policy of the Destination and its evolutionChapter 4
14The Consumer Theory Applied to the TouristChapter 5
15Purchasing the Tourism Product: the tourism basketChapter 5
16The Choice of the Tourist as a ConsumerChapter 5
17The Purchase of a Package Holiday: the choice between self-organizing and purchasing a holidayChapter 5
18The Purchase of Durable GoodsChapter 5
19Tourism, Development, and GrowthChapter 13
20The Tourism Expenditure MultiplierChapter 13
21Tourism and Regional Development Chapter 13
22The Crowding-Out Effect of TourismChapter 13
23The State Intervention and the Public Organization of TourismChapter 15
24Public Goods and Public Bads in the Tourism ProductChapter 15
25The Externalities in the Tourism ProductChapter 15
26The Taxation of TourismChapter 15
27Sustainable Tourism: environmental and social aspects Chapter 16
28The Evolution of the Relationship Between Tourism and the Environment Chapter 16
29The Carrying Capacity: environmental and social aspectsChapter 16
30Methods of Environmental MonitoringChapter 16
VERSIONE IN ITALIANO