THM 423 Tourism Economics
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In addition to theoretical aspects of tourism economy, Turkey's domestic, inbound and outbound tourism as well contribution of tourism industry to Turkey's national economy. Economic and accounting costs, firm's costs in the short and long run, economies of scale, firms' types of growth, market structures and tourism, price discrimination and tourism, externality and tourism, government intervention in the market, public goods and tourism, Turkey's tourism industry profile, inbound tourism expenditures, foreign inbound accommodation category, foreign inbound purpose of visit, outbound tourism expenditures, outbound purpose of visit, domestic tourism expenditure category, Tourism Satellite Accounts (TSA), analysis of Canadian Tourism Satellite Accounts, Turkey's Gross Domestic Products, Turkey's balance of payment, and Turkey's employment statistics.
Credit units: 3 ECTS Credit units: 5, Prerequisite:
ECON 103 or (ECON 105 and ECON 106).
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