UNIVERSITY CENTRE EUSA ATTACHED TO THE UNIVERSITY OF SEVILLE

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1 UNIVERSITY CENTRE EUSA ATTACHED TO THE UNIVERSITY OF SEVILLE DEGREE: DEGREE IN TOURISM 1. GENERAL DETAILS OF THE SUBJECT Name: ECONOMICS II Level: FIRST Term: SECOND Type: Basic Compulsory Elective subject Credits (LRU / ECTS): 6 Theoretical credits: 3 Practical credits: 3 Year: 2009 Lecturer: Charo García Ostos charo.garcia@eusa.es 2. DESCRIPTION Analysis of the main macroeconomics magnitudes related to Tourism, as well as monetary variables, money and inflation, money circulation factors and the banking system. The students will also learn economic tax and monetary policies developed by the governments and theoretical and practical unemployment situations and international commerce economic policies. At last, students will learn the economic growth paths. 3. SITUATION PREVIOUS KNOWLEDGE AND SKILLS: No previous knowledge is required. RECOMMENDATIONS: The student should be eager to learn, come to class in a regular basis and work on the subject during the class and at home. ADAPTATION FOR STUDENTS WITH SPECIAL NEEDS (FOREIGN STUDENTS, STUDENTS WITH SOME KIND OF DISABILITY) 4. SKILLS Analysis of the economic dimension of the touristic sector from a macroeconomic perspective. this implies: B B B - Learning the role tourism has in the economic structure of a country - Learning the different market structures and how they work - Learning the features of factors markets (capital, workforce ) Students will also learn: a) Instrumental skills: - Analysis and synthesis capacity.

2 - Organization and planning capacity. - Information management capacity. - Problem solving and decision taking. b) Personal skills: - Teamwork. - Interdisciplinary teamwork. - Interpersonal relationship abilities. - Critical thinking. - Ethical commitment. c) Systemic skills: - Self-learning. - Adaptation to new situations. - Creativity. - Leadership. - Initiative and entrepreneur spirit. 5. OBJECTIVES Advance in the study of Economics in the Touristic sector Analyze macroeconomics to understand how the economic system works, the monetary system and the macroeconomic models. Learn about inflation, unemployment, exports, economic cycles, economic development 6. METHODOLOGY AND TEACHING TECHNIQUES METHODOLOGY - The subjects will be explained in class, encouraging the students to participate. - Students will work on activities individually or in groups. The activities will be discussed in class. - Students will expose their marketing plans during the last classes. TEACHING TECHNIQUES X Master class and discussion Tutorial session X Practical lessons Visits and trips Reading test Others:

3 7. LIST OF TOPICS Chapter 1.- ANALYSIS OF THE NATIONAL PRODUCT The macroeconomic perspective National Accounting and the National Product Elements The National Income. Chapter 2.- THE PUBLIC SECTOR Private and public economy The public budget Public expenses Public income Public deficit and public debt Market failures and public intervention Donating function Redistributing function Stabilizing function The public sector failures Public intervention in the Touristic Sector. Chapter 3.- FINANCING THE ECONOMIC ACTIVITY The money: functions, origin and types Money in the current system Banks and the creation of money Financing the economy and the intermediaries. Chapter 4.- TAX AND MONETARY POLICIES Tax policy National Bank and the Central European Bank Monetary policy. Chapter 5.- INFLATION AND UNEMPLOYMENT The inflation concept Traditional theories about inflation The effects of the inflation The unemployment Traditional theories about unemployment Inflation and unemployment: the Phillips curve. Chapter 6.- INTERNATIONAL ECONOMY: PAYMENT BALANCE AND CHANGE MARKETS Foreign trade Payment balance Current account balance Capital account balance Mistakes and omissions Change markets: the change rate Change rate systems. Chapter 7.- ECONOMIC GROWTH AND DEVELOPMENT Concept and quantification Growth theories: the classic theory and the endogen growth theory Limits to the growth. 8. REFERENCES GENERAL Acereza, M.A., ADMINISTRACIÓN DEL TURISMO. Ed.: Trillas, México. Aranda Hipólito, A., DIRECCIÓN FINANCIERA EN LAS EMPRESAS TURÍSTICAS. Ed.: Centro de

4 Estudios Ramón Areces. Argandoña Ramiz, A. y García-Durán de Lara, J.A., EJERCICIOS DE MACROECONOMÍA, Ed. McGraw Hill. Bayón F., y otros, CINCUENTA AÑOS DEL TURISMO ESPAÑOL. Ed.: Centro de Estudios Ramón Areces. Belzunegui Ormazábal, B., Cabrerizo de Miguel, J. y Padilla Gimeno, R., MACROECONOMÍA, Ed. McGraw Hill. Bilas, Richard A., TEORÍA ECONÓMICA, Alianza Editorial. Borja Soler, L., FUNDAMENTOS DE ECONOMÍA DE LA EMPRESA TURÍSTICA. Ed.: Oikos-Tau. Castejón, R.; Méndez, E., INTRODUCCIÓN A LA ECONOMÍA PARA TURISMO, Ed.: Prentice Hall. Cuervo-Arango Martínez, C. Y Trujillo del Valle, J.A., INTRODUCCIÓN A LA ECONOMÍA, México, Ed. McGraw Hill. Fernández Fuster, L. INTRODUCCIÓN A LA TEORÍA DEL TURISMO. Alianza Editorial. Figuerola Palomo, M., TEORÍA ECONÓMICA DEL TURISMO, Alianza Editorial. Figuerola Palomo, M., ELEMENTOS PARA EL ESTUDIO DE LA ECONOMÍA DE LA EMPRESA TURÍSTICA. Ed.: Síntesis. Figuerola palomo, M., ECONOMÍA PARA LA GESTIÓN DE LAS EMPRESAS TURÍSTICAS. Ed.: Centro de Estudios Ramón Areces. Gimeno Ullastres, J.A. y Guirola López, J.M. INTRODUCCIÓN A LA ECONOMÍA. LIBRO DE PRÁCTICAS. Ed. McGraw Hill. Gravelle, H. y Rees, R., MICROECONOMÍA. Alianza Universidad Textos. Kadt, Emanuel de, TURISMO; PASAPORTE PARA EL DESARROLLO? Ediciones Endymion. Lickorish, L. Y Jenkins, C., UNA INTRODUCCIÓN AL TURISMO. Ed. Síntesis. Lipsey, Richard G., INTRODUCCIÓN A LA ECONOMÍA POSITIVA, Ed. Vicens Vives. Mochón Morcillo, ECONOMÍA BÁSICA, Ed. McGraw Hill Mochón Morcillo, F., ECONOMÍA, TEORÍA Y POLÍTICA, Ed. McGraw Hill. Montaner Montejano, J., DICCIONARIO TÉCNICO DE TURISMO. Ed.: Síntesis. Samuelson, P.A. y Nordhaus, W.D., ECONOMÍA, Ed. McGraw Hill. Tamames, R., ESTRUCTURA ECONÓMICA MUNDIAL. Alianza Editorial. Tamames, R., ESTRUCTURA ECONÓMICA DE ESPAÑA. Alianza Editorial. Tribe, John, ECONOMÍA DEL OCIO Y EL TURISMO, Ed. Síntesis. Gestión Turística. Vallés Ferrer, J. (Coord.), ECONOMÍA ANDALUZA, Ed. Algaida. Vogeler Ruiz, C. Y Hernández Armand, E., ESTRUCTURA Y ORGANIZACIÓN DEL MERCADO TURÍSTICO. Ed.: Centro de Estudios Ramón Areces. INTERNET WEBS OMT: Secretaría de Estado de Comercio y Turismo: IET: INE: Instituto Nacional de Consumo: UE-Eurostat: Junta de Andalucía: Consejería de Turismo: 9. ASSESSMENT CRITERIA

5 OPTION A A) Written exams (70%): There will be 2 written exams (chapters 1-3 and then chapters 4-7). The average of these exams will represent 70% of the global grade. B) Practice (30%): Several practical activities to do during class or at home individually or with other students. All activities must be given in time. The final grade will represent the average of both parts, always if the written exams have been past. The students will have to attend at least 75% of the classes. OPTION B Students will take this option if: - they have not come to class - they have come to class but less than 75% of the time. Written exam (100%): Final exam. 10. TEACHING ACTIVITIES ECTS Lessons (6 * 10) 60 Students work (6 * 15) 90 TOTAL (6 * 25) 150 Theoretical sessions Practical sessions Activity Exams Lesso Students Lesso Students N Students Students Length Exams ns work ns work º work work Units Week 1ª Introd./ Ch. 1 Week 2ª Ch. 1 Week 3ª Ch. 2 Week 4ª Ch. 2 Week 5ª Ch.3 Week 6ª Ch.3 Week 7ª Ch.4 Week 8ª Ch.4 Week 9ª Ch.5 Week 10ª Ch.5 Week 11ª Ch.6 Week 12ª Ch.6 Week 13ª Ch.7 Week 14ª Ch.7 Week 15ª Ch.7 Week 16ª Week 17ª Week 18ª Week 19ª Week 20ª (A) (B) (C) (D) (E) (F) (G) (H) TOTAL Horas Totales Activities

6 Nº Description Organization Theoretical and practical lessons (A)+(C) 47 Activities developed in the class (E) 9 Exams and test (G) 4 Attendance 60 Study (theory and practice) (B)+(D) 70 Preparation of the activities (F) 8 Study for exams (H) 12 Students work 90 TOTAL (STUDENTS WORK) 150