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Focusing on microeconomics within the tourism and hospitality sectors, this book provides students with a practical understanding of key concepts such as market mechanisms, demand and supply dynamics, and firm behavior. It emphasizes the application of economic principles to real-world scenarios, exploring transaction processes and institutional frameworks that shape the industry. The comprehensive analysis aims to equip students with the knowledge needed to navigate and succeed in these vibrant fields.
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Economics of Tourism and Hospitality, Chen Yong
- Language
- Released
- 2021
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- (Paperback)
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- Title
- Economics of Tourism and Hospitality
- Subtitle
- A Micro Approach
- Language
- English
- Authors
- Chen Yong
- Publisher
- Taylor & Francis Ltd
- Released
- 2021
- Format
- Paperback
- Pages
- 386
- ISBN13
- 9780367897352
- Category
- Business and Economics
- Description
- Focusing on microeconomics within the tourism and hospitality sectors, this book provides students with a practical understanding of key concepts such as market mechanisms, demand and supply dynamics, and firm behavior. It emphasizes the application of economic principles to real-world scenarios, exploring transaction processes and institutional frameworks that shape the industry. The comprehensive analysis aims to equip students with the knowledge needed to navigate and succeed in these vibrant fields.