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Master of Commerce (M.Com.) Economics of Tourism Syllabus - Mumbai University

Economics of Tourism Syllabus.pdf
Elective course · Semester 2 · M.Com. Business Economics · 4 credits

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Syllabus for Economics of Tourism

Elective course · Semester 2 · M.Com. Business Economics · 4 credits

Module I: Introduction to Economics of Tourism (2 Credits)

  • Unit 1 Scope and Significance of Economics of Tourism Scope and Significance of Tourism Economics -Tourist Trends: Regional and Global Movement Tracking Tourist Trends: Patterns in Regional and Global Tourism Movements.
  • Classification - Nature, Purpose, and Activities - Understanding travelers Categories –Tour Agent vs.
  • Tour Operator: Roles and Responsibilities
  • Backward and Forward Linkages -Travel and Tour Business – employment, self-employed Business, Urbanization, Welfare. Implications for Local Economies, Economic Multipliers and Supply Chain
  • Dynamics
  • Unit 2 Tourism Demand and Supply Demand of Tourism -Meaning Types of tourism demand, Factors influencing tourism demand in India, Factors affecting international tourism demand, Indicators of effective tourism demand, Supply of Tourism -determinants of supply, Patterns and characteristics of cost of tourism products, pricing of tourism products, and marketing strategy in the tourism industry in India Tourism demand forecasting -Advantages of demand forecasting in the tourism sector, the concept of break-even point, cost-benefit analysis in tourism.

Module II: Tourism and Economic Growth (2 Credits)

  • Unit 3 Impact of Tourism The economic and environment impacts of tourism -Direct, indirect, induced, and negative. Tourism impact on balance of payments and exchange rates- Nature and Scope of Sustainable Tourism, Impact on culture, positive and negative impact on environment -Case study Uttarkashi.
  • PESTEL Analysis -Political, Economic, Socio-cultural and Technological, Environmental and Legal.
  • Impact of Business cycles on tourism - Recession, Post-crisis like Pandemic impact, Tourism and disaster Case Study of COVID-19 Pandemic on Tourism
  • Unit 4 Tourism Promotion in India Domestic and International Tourist Destinations - Characteristics and patterns of India’s major international markets, domestic tourism in India, patterns and characteristics of major tourist generating states.
  • Government Program to Promote Tourism: Swadesh Darshan, PRASAD, Hriday, TFCs E-visa, Skill India , Dekho Apna Desh etc.
  • Emerging Tourism Types - Emerging Tourism Types: Medical Tourism, Ecotourism, agritourism, Adventure Tourism, sustainable tourism, Religious Tourism etc. – Case Study of emerging tourist
  • types.
  • Suggestive Reference:
  • 1 Mike Stable, Anderea P, M Thea Sinclair (2010), The Economics of Tourism, Routledge, USA
  • 2 R.N Ghosh, M.A.B Siddique (2017), Tourism and Economic Development, Routledge, USA
  • 3 John Tribe (2011), The Economics of Recreation, leisure and Tourism, Elsevier
  • 4 Vijaya Babu & Gade Jayaprakashnarayan (2014), Tourism in India, Zenon Academic publication, Hyderabad.
  • 5 Ranga Mukesh (2023), Tourism Potential in India, Abhijeet publication.
  • 6 Sati V.P(2001), Tourism development in India, Pointer publications.
  • 7 Indian Tourism Statistics 2022 , Ministry of Tourism, Government of India.
  • Internal Examination Internal: 50 marks for (4 credit)
  • 25marks for (2 credit) 50 or 25 marks can be divided into following.
  • Quiz/ Assignment and paper presentation /Class Test / Project Presentation
  • Semester End Examination Question Paper Pattern Max. Marks: 50 Max. Time: 2 Hours
  • All the questions are COMPULSORY Q.1 Attempt any 1 question: (a) (10) (b) (10) Q.2 Attempt any 1 question: (a) (10) (b) (10) Q.3 Attempt any 1 question: (a) (10) (b) (10) Q.4 Attempt any 1 question: (a) (10) (b) (10) Q.5 Write explanatory notes on any two: (05 Marks Each) (10) (a) (b) (c) (d)
  • Semester End Examination Question Paper Pattern Max. Marks: 25 Max. Time: 1 hour
  • All the questions are COMPULSORY Q.1 Attempt any 1 question:
  • Q.1 Attempt any 1 question: (a) (10)
  • (b) (10)
  • Q.2 Attempt any 1 question: (a) (10)
  • (b) (10)
  • Q.5 Write explanatory notes on any two: (05 Marks) (05)
  • (a)
  • (b) Letter Grades and Grade Points:

Reproduced from the University of Mumbai syllabus for M.Com. (Business Economics) under NEP 2020, in force from the academic year 2023-24. Wording is as printed in that syllabus. Module numbering is as printed there too.

The complete syllabus

This subject is cut from the University circular for its specialisation. Open a document here if you want the whole thing rather than a single subject.

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