Economics of Tourism
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Shapiro, D.; MacDonald, D.; Greenlaw, S. A. (2022). Principles of Economics 3e. OpenStax.
Slides
Economics Fundamentals
Introduction
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Economic Systems
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Opportunity Cost
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Production Possibility Frontier
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Microeconomics
Consumer Theory: Behind the Demand
Budget Set and Constraint
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Preferences
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MRS and Utility
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Demand
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Elasticity of Demand
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Producer Theory: Behind the Supply
Costs
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Profit Maximization
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Supply
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Supply rule
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Producer Surplus and Market Supply
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Supply (and demand) Elasticity
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Market Equilibrium and Game Theory
Equilibrium
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Game Theory: Intro
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Game Theory: Sequential Games
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Macroeconomics
Macroeconomic Issues
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Aggregation
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Gross Domestic Product
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Inflation
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Monetary Policy
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Fiscal Policy
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Balance of Payments
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