Economics of Tourism by William S. Reece
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Economics of Tourism
By William S. Reece

The Economics of Tourism

By (author) See other recent books by William S. Reece
Format: Paperback

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Economics of Tourism by William S. Reece

Book Description

This book uses contemporary economic analysis to help readers understand the tourism industry. Referring to the work of Nobel winning economists, it shows how to understand tourism market behavior as rational responses to high fixed costs, low marginal costs and capacity constraints. Throughout the book, technical change is addressed as it relates to adjustments in business models and strategies. A clear explanation of revenue management is also included. With a focus on basic economic principles, it shows how we can use elementary supply and demand analysis to understand the broad changes in tourism over many centuries and today.

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Book Details

ISBN: 9780131715400
ISBN-10: 0131715402
Format: Paperback
(234mm x 192mm x 14mm)
Pages: 240
Imprint: Prentice Hall
Publisher: Pearson Education (US)
Publish Date: 31-Dec-2008
Country of Publication: United States

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