Tourism Economics and Policy combines a comprehensive treatment of economic concepts and applications in tourism contexts. The topics covered are those that most occupy the attention of tourism economists in research and policy areas internationally. Content includes tourism demand and forecasting; tourism supply and pricing; measuring tourism's economic contribution using tourism satellite accounts; measuring the impacts and benefits of changes in tourism demand, contrasting Input-output and computable general equilibrium modelling; cost benefit analysis; economic evaluation of special events; tourism investment and infrastructure; tourism taxation; aviation and tourism issues, tourism and the environment (including climate change) and destination competitiveness. The text provides an excellent basis for students to appreciate the relevance of economic analysis to the solution of real life tourism issues as well as its importance for decision making by both destination managers and tourism operators.
Larry Dwyer and Peter Forsyth are internationally reputed tourism economists who have made substantial contributions to the discipline over many years particularly in the area of tourism policy analysis. Larry Dwyer is Qantas Professor of Tourism Economics at the University of New South Wales, Australia while Peter Forsyth is Professor of Economics at Monash University, Australia. Wayne Dwyer, formerly senior lecturer in economics and finance at the University of Western Sydney specialises in managerial economics.
Chapter 1 Overview Tourism Demand and Forecasting Chapter 2 The Demand for Tourism Experiences Chapter 3 Forecasting Tourism Demand Tourism Supply and Pricing Strategies Chapter 4 The Supply of Tourism Products and Services Chapter 5 Strategic Pricing in Tourism Distinguishing the Economic Contribution, Economic Impacts and Net Benefits of Tourism Chapter 6 Tourism's Economic Contribution, Economic Impacts and Net Benefits Measuring Tourism's Economic Contribution, Impacts and Net Benefits Chapter 7 The Economic Contribution of Tourism: Tourism Satellite Accounts Chapter 8 Economic Impacts of Tourism using Input-Output Models Chapter 9 Economic Impacts of Tourism Using CGE Models Chapter 10 Cost Benefit Analysis in Tourism Chapter 11 Economic Evaluation of Events Tourism Investment Chapter 12 Investment by Tourism Firms Chapter 13 Investing in Tourism Infrastructure Chapter 14 Foreign Investment in Tourism Taxation and Tourism Chapter 15 Taxation of Tourism Tourism and Aviation Chapter 16 Tourism and Aviation Tourism and the Environment Chapter 17 Valuing the Environmental Impacts of Tourism Chapter 18 Economic Instruments and Environmental Protection in Tourism Chapter 19 Tourism and Climate Change Destination Competitiveness Chapter 20 Destination Competitiveness Future Directions Chapter 21 Future Directions in Tourism Economics