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Economic principles for the hospitality industry / by Ricardo C.S. Siu.

By: Material type: TextTextPublication details: Abingdon, Oxon : Routledge, c2020.Edition: 1st edDescription: ix, 221 pages : b&w illus., figs. ; 23 cmISBN:
  • 9781138090651
Subject(s): DDC classification:
  • Ref 338.4791 Si91e 2020
Contents:
Contents: Cover. -- Half Title. -- Series Page. -- Title. -- Copyright. -- Contents. -- List of figures. -- List of illustrations. -- List of tables and boxes. -- Acknowledgments. -- 1 Introduction. -- 2 Hospitality industry in the world economies. -- 3 Economic attributes of consumers and firms. -- 4 Price and output decisions of firms. -- 5 Macroeconomic environment and business cycles. -- 6 Money and the monetary system. -- 7 Technology and innovation. -- 8 Sustainable development. -- Glossary. -- Index.
Summary: "Economic Principles for the Hospitality Industry is the ideal introduction to the fundamentals of economics in this dynamic and highly competitive sector. Applying economic theory to a range of diverse and global hospitality industry settings, this book gives the theory real-world context. Looking at critical issues around sustainable economic development in the hospitality industry such as diversification, technology, determinants of demand, and pricing, it enables students to effectively conduct business analyses, evaluate business performance and conduct effective improvements over time. Written in an engaging style, this book assumes no prior knowledge of economics and contains a range of features, including international case studies and discussion questions, to aid beginners in the subject. This will be an essential introductory yet comprehensive resource on economics for all hospitality students."-- Provided by publisher.
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Item type Current library Collection Call number Status Barcode
Books Books ASCOT Library - Zabali Campus Reference Reference Ref 338.4791 Si91e 2020 (Browse shelf(Opens below)) Available Ref3384705183

Includes bibliographical references and index.

Contents:
Cover. --
Half Title. --
Series Page. --
Title. --
Copyright. --
Contents. --
List of figures. --
List of illustrations. --
List of tables and boxes. --
Acknowledgments. --
1 Introduction. --
2 Hospitality industry in the world economies. --
3 Economic attributes of consumers and firms. --
4 Price and output decisions of firms. --
5 Macroeconomic environment and business cycles. --
6 Money and the monetary system. --
7 Technology and innovation. --
8 Sustainable development. --
Glossary. --
Index.

"Economic Principles for the Hospitality Industry is the ideal introduction to the fundamentals of economics in this dynamic and highly competitive sector. Applying economic theory to a range of diverse and global hospitality industry settings, this book gives the theory real-world context. Looking at critical issues around sustainable economic development in the hospitality industry such as diversification, technology, determinants of demand, and pricing, it enables students to effectively conduct business analyses, evaluate business performance and conduct effective improvements over time. Written in an engaging style, this book assumes no prior knowledge of economics and contains a range of features, including international case studies and discussion questions, to aid beginners in the subject. This will be an essential introductory yet comprehensive resource on economics for all hospitality students."-- Provided by publisher.

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