Laura Vici

Teaching

Economics of Tourism Destinations

LEARNING OUTCOMES

Expected knowledge:

The purpose of the course in Economics of Tourism Destination is to give students basic analytic tools to understand tourism destinations and their peculiarities and problems.

Expected abilities:

By the end of the course the student is expected to acquire the ability:

  • To apply theoretical models to the analysis of tourism destination problems
  • To understand the fundamental aspects of current policy debates on the main tourist destination issues
  • To assess and to evaluate expected benefits and costs of tourist destinations
  • To apply empirical models to evaluate specific aspects of tourist destinations

COURSE CONTENTS

  • Introduction to the economics of tourism destinations
  • The tourism demand of a tourism destination
  • The tourism product of a tourism destination
  • The pricing policy of a tourism destination
  • The evolution of tourism destinations

CLASS SCHEDULE (22/09/2014 – 24/10/2014)

Monday         1.00- 3.00 pm – Alberti 5

Thursday     9.00 am- 1.00 pm  –  Alberti 5

 

TEACHING MATERIAL 

LECTURES

  • Introduction
  • Lecture 1  – 10 April 2017 – Alberti 5 (1.00pm – 3.00pm)
  • Lecture 2  – 20 April 2017 – Alberti 5 (9.00am – 1.00pm)
  • Lecture 3  – 24 April 2017 – Alberti 5 (1.00pm – 3.00pm)
  • Lecture 4  – 26 April 2017 – Blue Lab (9.00am – 1.00pm)
  • Lecture 5  –  03 May 2017 – Red Lab (9.00am – 1.00pm)
  • Lecture 6   – 08 May 2017 – Red Lab (9.00am – 11.00am)
  • Lecture 7   – 10 May 2017 – Blue Lab (9.00am – 1.00pm)
  • Lecture 8   – 15 May 2017 – Red Lab  (9.00am – 11.00am) – Prof. Panagiotidis
  • Lecture 9   – 17 May 2017 – Red Lab  (9.00am – 1.00pm) – Prof. Panagiotidis
  • Lecture 10 – 17 May 2017 – Red Lab  (5.00pm – 7.00pm) – Prof. Panagiotidis
  • Lecture 11 – 26 May 2017 – Red Lab (9.00am – 1.00pm)

STATA LAB 

 STATA notes

Attention:  read always (and pay attention to) last minutes notices in the dedicated text box

EXAM

The exam is composed of a written test (80% of the final mark), covering the theoretical and empirical issues discussed during the lectures, and a practical test (20% of the final mark).

For attending students, the practical test requires that the student collects some data about a particular issue related to predetermined tourism destinations (agreed with the teacher). The data collected must be delivered the date communicated during the lectures.

For non-attending students, the practical test does not require  to collect data. Students must study entirely chapters 2,4 and 14 of the textbook Candela-Figini. As attending students, even non-attending students must study what has been explained in class (download teaching material available on this website). Moreover, they have to write an essay (max 10 pages) on a topic decided by the teacher. This essay must be a survey of the (scientific) literature on the topic.

It is not possible to bring books, personal notes or electronic devices in the exam. Registration for the exam is compulsory, and students have to register through AlmaEsami according to the general rules of the School of Economics, Management and Statistics.

The mark is out of 30 points, and the minimum required to pass the exam is 18 / 30.

TEXTBOOKS

–      Candela G. and Figini P, 2012, The economics of Tourism Destinations, Springer

–       Baum C.F., An Introduction to Modern Econometrics, Stata Press, 2006

–       Additional teaching materials will be available on this website.

Additional Resources:

–      Vanhove N., 2011, The Economics of Tourism Destinations, New York, NY: Routledge.

–      Dwyer L., Forsyth P., Dwyer W., 2011, The Economics of Tourism Destinations, Bristol, UK: Channel New Publications.

For attending students: