Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

problem 1:

Many SIDS attempt to develop export markets in merchandise, but these tend to be unsuccessful or not as successful as these countries would wish. On the other hand the natural attractions (comprising the climate) of many small islands frequently gives them a competitive edge in tourism activities. For this reason, many governments of SIDS give tourism top priority, and attempt to maximise their island’s tourism potential by further developing the industry through promotion campaigns, building of hotels and other tourist facilities, and enhancing their air and sea links with other countries.

a) Discuss critically the economic impacts derived from tourism in SIDS, taking into consideration that SIDS are characterised as being “vulnerable”.

b) As a destination manager, how would you maximise the positive economic impacts of tourism in Mauritius? Give suitable instances to support your answer.

problem 2:

Illustrate what do you understand by tourism demand and discuss how far tourists are able to make an optimal choice, while considering the dissimilar determinants of tourism demand. Support your answer with suitable instances and diagrams.

problem 3:

One of the factors of the Structure Conduct Performance (SCP) paradigm is economic integration.

a) Describe briefly the SCP paradigm and discuss how far tourists might respond to competition from domestic or foreign rivals by means of dissimilar kinds of economic integration.  Use relevant instances to support your answer.

b) Assess the different features of monopolistic competition, while illustrating its equilibrium levels of production in both the short and long runs. Give a relevant ex of a tourism firm under monopolistic competition in Mauritius and justify your selection.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M97399

Have any Question? 


Related Questions in Macroeconomics

1 read the macroeconomics section of the article noise by

1. Read the Macroeconomics section of the article "noise" by Fischer Black and comment on the current state of the economy in that context. Just one page please. 2. Explain the role of the Federal Reserve Bank in regulat ...

Macroeconomic assignmentsubmit answers to all the following

Macroeconomic Assignment Submit answers to all the following questions. Be sure to explain your reasoning clearly and fully and use diagrams where appropriate. The questions are applied and analytical. They can only be a ...

Principles of economicsplease write a summary of the video

Principles of economics Please write a summary of the video below economic-policy-challenges-macroeconomics-and-fiscal-policy. Review this video on Economic Policy Challenges from MIT; http://techtv.mit.edu/videos/16731- ...

1 you are the economic advisor to sir bufton tufton the

1) You are the economic advisor to Sir Bufton Tufton, the Prime Minister of Per- fidia. The Bank of Perfidia is pegging the exchange rate of the local currency, the Perfidian albion. The albion is pegged to the wotan, wh ...

Suppose ralph and ed have the only store that sells toilet

Suppose Ralph and Ed have the only store that sells toilet bowls in northern Maine. Their nearest competitor is 211 miles away, and these two men have a reputation for producing high-quality toilet bowls. Graphically ill ...

What is network address translation nat and why would a

What is Network Address Translation (NAT) and why would a company utilize it? Would it be more typical for a small, medium or large company to use NAT?

These questions concentrate on the game theory of money and

These questions concentrate on the game theory of money and banking. Consider the Principle-Agent problem in relation to banking. This is the problem. A person is a Vice-President of a Bank, serving as the head of Commer ...

Consider vosburg v putney an 1891 wisconsin case putney

Consider Vosburg v. Putney, an 1891 Wisconsin case. Putney, age 11, kicked Vosburg, age 14, in the leg during school. The kick was not very hard - the jury found that "defendant, in touching the plaintiff with his foot, ...

Economicsintroduction250wordsprovide an overview of the

Economics Introduction(250)words Provide an overview of the chosen economy of a country Production output performance analysis(500)words -real gdp , real gdp growth rate, real gdp per capita -define and explain how each ...

You are told that 50 cents out of every dollar pumped into

You are told that 50 cents out of every dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $15 billion.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro