The Economics of Tourism

"The publication of the second edition of The Economics of Tourism is a timely contribution to the theory and practice of tourism. The book retains both the rigour and relevance to the study of tourism as the original text which is considered to be the gold standard of tourism economics and is a must for those who study and undertake research into tourism from economic, environmental and social perspectives." Professor Haiyan Song, The Hong Kong Polytechnic University, HK
"This Second Edition is a "Wikipedia" of tourism economic research and strategic thinking and a must read for academic, corporate and policy thinkers. It builds on the earlier solid economic analysis of the sector to reflect contemporary geopolitical and socioeconomic issues. Going beyond a globalizing, poverty divided world to one where climate, population, resources and the green economy are dominant issues. We are proud of its genesis and continuing association with TTRI." Professor Geoffrey Lipman, University of Nottingham, UK

Mike J. Stabler is Senior Research Fellow at the University of Reading; his principal research has been on the environmental impacts of economic activity focusing on the tourism sector, published in journals and books. He was joint author of the original edition of this book. Andreas Papatheodorou is Assistant Professor at the University of the Aegean, Greece, and Honorary Research Fellow at the Nottingham University Business School, UK. His tourism research focuses on competition, pricing and corporate strategy in air transport, cruising and travel distribution and has been published in international academic journals. Prior to her death in 2006, Professor M. Thea Sinclair was Director of the Tourism and Travel Research Institute (TTRI) in the Business School of the University of Nottingham.

Part 1: Introduction and Demand Theory in Tourism 1. The Scope and Content of the Economics of Tourism 2. Microeconomic Foundations of Tourism Demand 3. Empirical Studies of Tourism Demand Part 2: The Economics of Tourism Supply 4. Microeconomics Foundations of Tourism Supply 5. The Economic Profile and Characteristics of the Tourism Sectors Part 3: The Economics of Tourism at a National, Regional and International Level 6. Tourism in a National and Regional Context 7. Tourism in an International Context Part 4: The Economics of Environmental Issues in Tourism and an Appraisal of the Economic Analysis of Tourism 8. Global Environmental Issues and Tourism 9. The Microeconomic Analysis of Environmental Issues 10. The Valuation of Resources and Environmental Policies 11. Whither the Economics of Tourism