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Economics Of Tourism Question Paper

Economics Of Tourism 

Course:Bachelor Of Science In Tourism Management

Institution: Kenyatta University question papers

Exam Year:2009



KENYATTA UNIVERSITY
INSTITUTE OF OPEN LEARNING (IOL)
UNIVERSITY EXAMINATIONS 2008/2009
EXAMINATION FOR THE DEGREE OF BACHELOR OF TOURISM
TSA 207: ECONOMICS OF TOURISM

DATE: THURSDAY 13TH AUGUST, 2009 TIME: 8.00 A.M ? 10.00 A.M

INSTRUCTIONS:
Answer THREE Questions as precisely as Possible

1.
a)
Define Economics of tourism.
b)
Distinguish between a planned economic system and a free market enterprise economic system.
2.
a)
What factors affect the demand for leisure and tourism?
b)
How is the equilibrium price for a tourist service determined?
c)
What role do entrepreneurs play in providing goods and services in the tourism sector?
3.
Use the concept of cost- benefit analysis to assess the importance of tourism in Kenya
4.
a)
Explain the concept of hotel life expectancy.
b)
How can hotels boost their earnings from tourism?
5.
a)
What is a multiplier in tourism economics?
b)
Explain why the tourism multiplier effect is insignificant in many Third World nations.
6.
What is globalization and how has it affected the development of Tourism in Kenya.




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