Estudia

• § Be able to analyse the determinants of international tourist choice and demand
• § To Know how to critically assess the economy of tourism enterprises and industry
• § Be able to use methods of assessing the economic impacts of international tourism
• § comprehend the interactions between tourism, the wider economy, and the environment

1. International tourist choice and demand § tourism products, and models of choice § factors influencing demand § international demand forecasting

2. The economics of tourism enterprises § costs and pricing § international markets, competition and monopoly § international enterprise strategies

3. Employment and investment § employment in tourism § labour, wages, and tourism service quality § investment issues: permanent facilities and temporary events

4. Valuation and taxation § market externalities § tourism valuation and user-pays models § taxation and revenue

5. The impact of international tourism § economic impacts of permanent and event tourism § satellite accounting and CGE modelling.

6. Basic references Alegre, J. and Pou, L. (2004) Micro-economic determinants of the probability of tourism consumption. Tourism Economics, 10.2: 125-144. Analistas Financieros Internacionales (2003) Perspectivas Turísticas. Exceltur. Bull, A. (1995) La Economía del Sector Turistico. Alianza Economía, Madrid. Figuerola Palomo, M. (1995) Teoría Económica del Turismo. Alianza Editorial, Madrid. Gooroochurn, N. and Sinclair, M.T. (2005) Economics of tourism taxation: evidence from Mauritius. Annals of Tourism Research, 32.2: 478-498. Instituto de Estudios Turísticos , El turismo en España durante 2002. Instituto de Estudios Turísticos, Madrid. (www.iet.tourspain.es/) Instituto de Estudios Turísticos (2005), Movimiento Turístico en Frontera (FRONTUR), 2004. Instituto de Estudios Turísticos (2005), Encuesta de Gasto Turístico (EGATUR) 2004. Li, G., Song, H. and Wit, S. (2005) Recent developments in econometric modelling and forecasting. Journal of Travel Research, 44.1: 82-99. Mangion, M-L., Durbarry, R. and Sinclair, M.T. (2005) Tourism competitiveness: price and quality. Tourism Economics, 11.1: 45-68. Papatheodorou, A. and Song, H. (2005) International tourism forecasts: time-series analysis of world and regional data. Tourism Economics, 11.1: 11-23. Quevedo, J. (2001) La Cuenta Satélite del Turismo (CST): pasado, presente y futuros desarrollos. Universidad de Alcalá. Song, H., and Witt, S.F. (2000), Tourism Demand Modelling and Forecasting: Modern Econometric Approaches. Pergamon, Oxford. WTO (1999) Tourism Satellite Account: the Conceptual Framework. WTO, Madrid. And latest results of Tourism Satellite Accounts (Spanish and others)

Activitats d'avaluació:

Students will be evaluated according to their results on the results of three essays. Evaluation criteria will be: ability to correctly join theory and applied perspectives; extent of references looked at; correct answers to the questions formulated; ability of critical valuations; written skills.

All sessions will be in English. Students are strongly recommended to read the propossed readings before the course starts.