Economics of Recreation, Leisure and Tourism

Unlike general economics texts, this book is written specifically for students taking a core first year economics module on a tourism, sport or leisure management degree. It ensures they have all they need to fully understand economic issues in the context of the industries they study.

It explains the theories from first principles and applies them to a range of specific leisure and tourism issues, at the consumer, business, national and international level.

The layout has been improved with visual maps of chapter contents, objectives and end-of-chapter summaries to help students engage with the subject material.

Economics is a core part of these courses, which continue to attract increasing numbers of students each year.




Readership
Undergraduate students on tourism courses and postgraduate (as an introductory text)
Professionals and those on ILAM (Institute of Leisure and Amenity Management) courses

Table of Contents
Introduction; Organisations and markets; Organisations; Markets; Further issues of demand and supply; Demand: Time preference, Elasticity and forecasting; Supply and costs; Markets in practice
Market structure and pricing; Market intervention; The external operating environment; The competitive, technological, political and sociocultural environment; The macro-economic environment politics and socio-culture; Investment; Investment in the private sector; Investment in the public sector; Economic impacts; Income, employment and prices; Economic development and regeneration; The global economy; The balance of Payments and exchange rates; Globalisation; environmental economics; Environmental impacts; Sustainability; Critique; Critique, alternative perspectives and change; Political, and social economy?; Index



Author Information
By John Tribe, University of Surrey, UK.