PGHM 273: Tourism and the Canadian Economy is an introduction to basic micro and macro economics with applications to tourism and the Canadian economy. Topics include the operation of markets, costs of production, types of markets, inflation, growth, unemployment and exchange rates.
Corequisite: RHOT 273
Accessibility Services Notice
standard statementCourse Details| Total number of weeks | 7.5 |
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| Total Credits | |
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| Total Hours | 45 |
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Typical hours per week breakdown| Lecture | 6 |
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Outcomes
Upon successful completion of this course, the learner will be able to:
- explain the basic concepts of microeconomics, which examines individual, household, and firm behaviour and how they interact in the marketplace;
- explain the basic concepts of macro economics, which looks at the whole economy with topics such as inflation, economic growth, unemployment, international trade, exchange rates; and
- describe and explain the importance of 1) and 2) to the hospitality industry.
Grading Table
Hospitality and Tourism
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
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