hospitality-economics-online-course
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Hospitality
Economics
Online Course

Hospitality Economics

Hospitality Economics focuses on applying economic principles to analyze the hospitality industry. You will learn how to use rigorous economic theories and models to analyze the functioning of the hospitality industry and its current trends. We will focus on micro-foundations and analyze the impact of the hospitality industry on the aggregate economy.

 

Schedule

Week 1 Economic fundamentals
Introduction to Micro economics
The Hospitality Industry
Week 2 Microeconomics and the hospitality industry
Price discrimination
Game theory
Asymmetric information
Two sided-markets
Week 3 Macroeconomics and the hospitality industry
Good markets and Fiscal Policy
Financial markets and Monetary Policy
Week 4 Empirical analysis
Week 5 Final assessment

 

Learning Outcomes


  • Understand and analyze the economic workings and the economic environment of a wide range of hospitality businesses
  • Identify the structure of the market in which your firm operates and define your optimal pricing strategies
  • Understand how different economic incentives affect agents’ behavior and thus how to interact with your competitors on the market

 

Who Should Join

This course is designed for hospitality professionals, hotel owners, consultants, economists and any professional wishing to enter the hospitality industry to update their skills and learn about hotel micro- and macro-economics.


Course Advantages


  • A learning manager moderates the course
  • An online course accessible whenever and wherever
  • Course content based on EHL’s MBA in Hospitality program
  • A Certificate of Achievement delivered and certified by EHL

 

Course overview

  • Next intakes 16 March 2020
    9 November 2020
  • Length 5 weeks
  • Effort 8 hours / week
  • Course delivery Online
  • Language English
  • Price CHF 2,200
127
Lecture Videos
12
Interactive Exercises
4
Reading & Case Studies
1
Final Assessment

Course instructor

 

ehl-faculty-blengini-online-course

Prof.
Dr. Isabella Blengini

Assistant Professor
Economics