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EXPORT-ORIENTED MANAGEMENT - IMC Fachhochschule Krems

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� can name and describe the fundamental economic theories of macro economics<br />

� can explain and interpret the results from economic models and empirical findings<br />

� is able to solve economic cases in macro economics<br />

� evaluates and analyses international economic interactions as well as identifies<br />

their impact on the tourism industry<br />

Prerequisites / Level<br />

none<br />

Course Description<br />

� Goods, money, and finance markets<br />

� Concept of the market and market equilibrium<br />

� Growth and technological progress<br />

� Labour market and unemployment<br />

� National accounts<br />

� Monetary and fiscal policies (IS-LM and AS-AD models, closed economies, money<br />

supply, inflation)<br />

� The public economy<br />

� Production, interest rates and exchange rates<br />

Literature<br />

Newest editions of the following textbooks:<br />

Blanchard, O. (2005). Macroeconomics. Upper Saddle River: Prentice Hall.<br />

Evaluation<br />

Final examination<br />

Tourism Consumer Behaviour<br />

Semester Hours per week Subject code ECTS<br />

Fall 2 ? 2<br />

Learning outcomes<br />

The student<br />

� can understand the complex relationship between tourism and the leisure<br />

economy as well as international tourism flows<br />

� is able to identify sensitive areas (environment etc.) as well as tourism induced<br />

and tourism dependent areas and understand and clarify their connection<br />

� can describe specific tourism segments and define their characteristics<br />

� is able to understand the psychological indicators of travel and leisure time<br />

behaviour and analyse and interpret the derived consumer behaviour<br />

Prerequisites / Level<br />

None<br />

Course Description<br />

� Disciplines in the tourism economy<br />

� Travel motivation and vacation expectations, vacationer typologies<br />

� Attitudes, expectations, images<br />

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