TYPE OF COURSE UNIT	Compulsory Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	1
SEMESTER	First Term (Fall)
NUMBER OF ECTS CREDITS ALLOCATED	6
NAME OF LECTURER(S)	-
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Will be able to define the main concepts of economics. 2) Will be able to explain micro-macro foundations of economics. 3) Will be able to relate theoretical economic concepts with tourism industry. 4) Will be able to explain supply and demand in tourism by using the theoretical economic framework. 5) Will be able to use the concept of elasticity to understand the pricing of touristic services. 6) Will be able to explain the consumer behavior in tourism industry by using the relevant underlying theories. 7) Will be able to discuss the importance of and contribution of tourism industry in an economy within the national income accounting, balance of payments framework. 8) Will be able to discuss the future of tourism industry by connecting the theoretical framework with the real world conditions.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	None
COURSE DEFINITION	This course is designed to teach the students; tourism demand, tourism supply, economic effects of tourism like; effects of tourism on the balance of payments, the employment effect of tourism, the multiplier effect of tourist spending within the framework of economics and tourism.
COURSE CONTENTS	WEEK TOPICS 1st Week Introduction to the main concepts of tourism and economics 2nd Week Concepts of supply and demand 3rd Week Concepts of supply and demand 4th Week Prices and equilibrium in tourism market 5th Week Elasticities 6th Week Consumer Behavior: The concept of utility, indifference curves 7th Week Consumer equilibrium in tourism industry (PRACTICE-PATALYA THERMAL RESORT HOTEL KIZILCAHAMAM) 8th Week Mid-term 9th Week Output and costs in tourism industry 10th Week Perfect competition, monopoly, oligopoly 11th Week Perfect competition, monopoly, oligopoly 12th Week National income accounting 13th Week Balance of payments and tourism industry (PRACTICE-PATALYA THERMAL RESORT HOTEL KIZILCAHAMAM) 14th Week Balance of payments and tourism industry
RECOMENDED OR REQUIRED READING	Yağcı, Özcan (2003), Turizm Ekonomisi, Detay Yayınları, Ankara.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture, Discussion, Questions/Answers
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 40 Total(%) 40 Contribution of In-term Studies to Overall Grade(%) 40 Contribution of Final Examination to Overall Grade(%) 60 Total(%) 100
ECTS WORKLOAD	Activities Number Hours Workload Midterm exam Preparation for Quiz Individual or group work Preparation for Final exam Course hours Preparation for Midterm exam Laboratory (including preparation) Final exam Homework Total Workload Total Workload / 30 ECTS Credits of the Course 6
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No