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Language of Instruction
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Turkish
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Level of Course Unit
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Bachelor's Degree
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Department / Program
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Tourism Management
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Type of Program
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Formal Education
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Type of Course Unit
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Elective
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Course Delivery Method
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Face To Face
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Objectives of the Course
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The objective of this course is to equip students with fundamental concepts, theories, and approaches related to tourism economics, enabling them to grasp the role and significance of the tourism sector within economic structures and processes. The course covers topics such as tourism demand and supply, the functioning of tourism markets, price determination, tourism expenditures and revenues, employment, foreign exchange earnings, and the relationship between tourism and economic growth and development. Furthermore, it aims to enable students to analyze economic developments within the tourism sector—in the context of macroeconomic indicators and national or international economic conditions—and to evaluate the potential impacts of these developments on tourism enterprises and destinations.
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Course Content
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This encompasses an economic evaluation of fundamental concepts and theories regarding the tourism economy; the role and significance of the tourism sector within the economic system; tourism supply and demand; the characteristics of tourism markets and market equilibrium; price-income relationships; tourism expenditures, revenues, and the sector ` s economic contributions; the impacts of tourism on employment, income distribution, foreign exchange earnings, economic growth, and development; multiplier and leakage effects within the tourism sector; international tourism and the balance of payments; the influence of inflation, interest rates, exchange rates, and economic crises on the tourism sector; as well as the relationship between government policies, incentives, sustainable tourism, and economic development.
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Course Methods and Techniques
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The course will be conducted theoretically. Delivered in a face-to-face format over 14 weeks, the course will be taught using content prepared by the instructor, along with professional terminology and definitions
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Prerequisites and co-requisities
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None
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Course Coordinator
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Asist Prof.Dr. Bünyamin ÖZLÜ bunyamin.ozlu@hku.edu.tr
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Name of Lecturers
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Asist Prof.Dr. BÜNYAMİN ÖZLÜ
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Assistants
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None
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Work Placement(s)
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No
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Recommended or Required Reading
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Resources
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The Effects of Tourism Sector on Economic Growth
Ünlüönen Kurban, Tayfun Ahmet, and Kılıçlar Arzu (2018), Tourism Economics, 6th Edition, Nobel Publishing
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Course Notes
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The core materials to be used for the course consist of weekly lecture presentations prepared by the instructor, academic articles, economic reports, relevant book chapters, and case studies. Each week, students will be informed in advance about the required readings related to the topic. Furthermore, reports published by the World Tourism Organization (UN Tourism), the World Bank, and relevant national institutions, along with up-to-date economic data, will serve as key references for the course. Course materials will be presented to students by the instructor within the classroom setting.
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Documents
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Bahar Ozan ve Kozak Metin (2018), Turizm Ekonomisi, 8. Baskı, Detay Yayıncılık Ünlüönen Kurban, Tayfun Ahmet ve Kılıçlar Arzu (2018), Turizm Ekonomisi, 6. Baskı, Nobel yayıncılık
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