- Docente: Marco Grazzi
- Credits: 8
- SSD: SECS-P/01
- Language: English
- Moduli: Marco Grazzi (Modulo 1) Marco Grazzi (Modulo 2)
- Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
- Campus: Rimini
- Corso: First cycle degree programme (L) in Economics of Tourism (cod. 8847)
Learning outcomes
The purpose of this course is to introduce students to economic tools for understanding competition in tourist markets, both from a theoretical and an empirical point of view. At the of the course, students will be able to i) make sense of tourist firms' choices concerning pricing, product characteristics, innovation and advertising, with a particular attention to the international dimension of competition; ii) evaluate the social consequences of these choices, and judge public policies aimed at improving the market outcomes.
Course contents
The course is made up of two parts. The first provides an introduction to industrial organization with applications to tourism markets. The second part focuses on tourism markets in particular, also devoting attention to empirical analysis
Part I
Introduction
Consumers
Firms
Competition, Equilibrium and Efficiency
Market failure and Public Policy
Price Discrimination
Strategic interaction
Oligopoly
Market Structure
Part II
The tourism sector in the economy
The economics of tourisms destinations
The Consumer Theory Applied to the Tourist
Consumer Theory Applied to the Tourist
Production in Tourism
The Production and the Sale of Holidays
The Supply of Tourism Services
The Tourism Markets
Readings/Bibliography
Introduction to Industrial Organization (2nd Ed)
Luis Cabral
MIT Press 2017
ISBN: 978-0262035941
The Economics of Tourism Destinations
Guido Candela and Paolo Figini
Springer Texts in Business and Economics (2012)
ISBN: 978-3-642-20873-7
Further readings will be communicated during the course
Teaching methods
Lectures, discussions of papers and case studies
Assessment methods
Written examination, project and/or take home assignment
Teaching tools
Further materials will be available on campus.unibo.it
Office hours
See the website of Marco Grazzi