Tourism and Hospitality in Global Economy (5 cr)

Evaluation scale

H-5

Content scheduling

• Concepts and definitions of tourism and hospitality and the tourism system
• Destinations and tourism and hospitality businesses and other tourism stakeholders
• Different forms of tourism
• Concept of sustainable luxury tourism
• Key concepts of sustainability and background of sustainable tourism
• Development of global tourism industry
• Tourism statistics
• Impacts of tourism (economic, social, cultural, environmental and political)
• Connections between global economics and the tourism industry

Objective

Having completed this study unit
· You understand the basics of macroeconomics and know some of the key macroeconomic indicators.
· You understand the fundamentals of micro and macroeconomics - supply and demand and the connection to market
prices from the tourism and hospitality industry perspective.
· You understand tourism both as a concept and as a phenomenon at local, regional, national and international levels.
· You acknowledge the economic, social, cultural, environmental and political impacts of tourism.
· You acknowledge the historic development and the current situation of the tourism industry in Finland and Lapland.
· You understand different forms of tourism.
· You are familiar with tourism statistics on regional, national and international levels.
· You understand connections and impacts between international economics and tourism and hospitality industry in
global economy.

Competences:

Content

Content:
· fundamentals of micro and macroeconomics
· key macroeconomic indicators
· connections between global economics and the tourism industry
· tourism and hospitality industry in global economy
· concepts and definitions of tourism and hospitality and the tourism system
· tourism as a concept and a phenomenon at local, regional, national and international levels
· economic, social, cultural, environmental and political impacts of tourism
· historic development and the current situation of the tourism industry in Lapland
· forms of tourism (e.g. nature tourism, ecotourism, urban tourism, culinary tourism, sports tourism, cultural and
heritage tourism, luxury and high-end tourism)
· tourism-related statistics

Location and time

The study unit starts at week 37 and it ends at week 47.
Lectures are organised in classrooms.

Materials

The course materials are introduced the Moodle.

Teaching methods

The implementation of the course progresses gradually in a classroom format. The implementation emphasizes self-directed and active learning (flipped classroom). The course includes familiarization with learning materials and source materials, independent exercises and learning tasks, and collaboration.

Exam schedules

The group assignment is due to week 43.
The exam is during the week 45.
The group assignment presentations are during the week 47.
Retake for the exam is during the week 48.

Student workload

The scope of the study module is 5 ECTS credits, which means about 133 hours of work. Working is in lectures, exercises, group work, and independent and self-directed studying.

Assessment criteria, satisfactory (1)

Satisfactory (2)

Poor (1)

Assessment criteria, good (3)

Very good (4)

Good (3)

Assessment criteria, excellent (5)

Excellent (5)