Unit 2: Economics of Tourism Demand and Supply

Contents:

Demand function; Variables influencing tourism demand; Levels of choices affecting tourism demand;
Factors constraining tourism demands; Movement along a demand curve and shifts in the demand curve;
Concept and measurement of price, income, and cross-price elasticity of demand for tourism products;
Relationship between price elasticity of demand and revenue; Supply of tourism products:
concepts and determinants; Supply function; Movement along a supply curve and shift in the supply curve; Price elasticity of supply: concepts and measurement.

Prakash Chand Thakury

This study notes is prepared by Mr.Prakash Chand Thakury (Student from Sudur Pachimanchal College, Dhangadi, Nepal). “Thank you for your important contribution, We value you and your immense efforts”.

Leave a Comment

Your email address will not be published. Required fields are marked *

error: Content is protected !!