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
Program Overview
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Delivered Online
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Length 5 weeks
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Effort 8 - 10 hours/week
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Language English
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Level Beginner
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Prerequisite Hospitality experience
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Price CHF 2,200
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Certificate Certificate of Achievement
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Start dates 11 November 2019
Q1 2020
Certificate Sample
127
Lecture Videos
12
Interactive Exercises
4
Reading & Case Studies
1
Final Assessment
Meet your instructor
Prof.
Dr. Isabella Blengin
Assistant Professor
Economics
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