Get up to $500 in flight credits or grants toward study or internship programs abroad when you apply by January 01, 2025. See our Official Rules for full details.
This course has the main objective to provide an introduction to both microeconomics and macroeconomics and their relation with tourism. Regarding microeconomics, it presents concepts such as the fundamentals of economics, tourism demand and supply, tourism market balance, tourism business and consumers' behaviors and the different structures of the tourism markets (perfect competition, monopoly, oligopoly and monopolistic competition).
Regarding macroeconomics, it presents an overall insight of macroeconomics and its relation with tourism. It explores concepts like Gross National Product or GNP, the main indicators of the tourism activity, financial and monetary systems, tourism business funding, inflation, tourism and unemployment in a globalized economy, among other issues.
Get a Flight Credit worth up to $500 when you apply with code* by January 1, 2025