Study-unit
| Course name | Tourism economics and management |
|---|---|
| Study-unit Code | A003481 |
| Location | ASSISI |
| Curriculum | Comune a tutti i curricula |
| Lecturer | Silvia Micheli |
| Lecturers |
|
| Hours |
|
| CFU | 9 |
| Course Regulation | Coorte 2023 |
| Supplied | 2023/24 |
| Supplied other course regulation | |
| Learning activities | Base |
| Area | Economico |
| Sector | SECS-P/01 |
| Type of study-unit | Obbligatorio (Required) |
| Type of learning activities | Attività formativa monodisciplinare |
| Language of instruction | Italian |
| Contents | Theory of demand; theory of production; theory of markets. Introduction to national accounting and basic concepts of macroeconomics |
| Reference texts | “Economia” 22edizione, di Paul A. Samuelson, William D. Nordhaus, Carlo Andrea Bollino, Paolo Polinori, McGrawHill, 2023 |
| Educational objectives | The course aims to provide students with the fundamental microeconomic and macroeconomic analytical tools for understanding the functioning of the economic system and for the interpretation of contemporary socio-economic dynamics. The course is organized in two modules. In the first module, after presenting the basic concepts of microeconomics, supply, demand and markets are analyzed, with the related models. In the second module the main macroeconomic quantities are analysed. |
| Prerequisites | Basic concepts of Mathematics |
| Teaching methods | Lectures |
| Other information | n.a. |
| Learning verification modality | Written exam |
| Extended program | • Introduction to political economy. Foundations of the economy: market and state • Fundamental elements of supply and demand. Elasticity • Consumer choices • Production and technology • Cost analysis • Competitive markets • Monopoly • Oligopolistic structures • Game theory • Economic efficiency and markets • Barriers to entry and limit price model • Market failures, externalities and public goods with references to the tourism case • Information asymmetries, moral hazard and adverse selection with references to the tourism case • The managerial theories of the company of Baumol, Marris, Williamson with examples from the tourism industry • Market failures, natural monopoly and regulation |