RESOURCES AVAILABLE:-World Tourism Organization (2021), Compendium of Tourism Statistics, Data 2015 – 2019,2021 Edition, Madrid, Spain: Author DOI :https://www.e-unwto.org/doi/book/10.18111/9789284422494-Vanhove, N., (2018). The economics of tourism destinations (3rd ed.). Routledge Focus on p. 268-274-General consumer and market area reports (Market line)-Mintel reports in Moodle-Ebscohost country reports (economic outlook)-International institutions / Intergovernmental organizations’ sources like OECD (iLibrary), IMF, the World bank.———————————————–Task 1 Students analyze the macro environment determining the economic situation of the destination. They focus their analysis on one factor affecting the general economy (and subsequently tourism) in the selected destination. The analysis must be illustrated by 2 figures / tables taken from published sources, to be inserted “in text”. One of the 2 illustrations must be extracted from recognized organizations’ publications like OECD, IMF, etc.; the other can be taken from Statista and other commercial sources.The eligible macroeconomic factors for this task are: Unemployment, Inflation, Consumer price index, Income, Interest rates, Currency / exchange rates, Balance of payments, National debt. Students must adopt a macroeconomic viewpoint for this analysis. Hospitality is a sector of economy and cannot be considered as a macroeconomic factor.Task 4 As a conclusion, the group (responsibility to student A) evaluates, based on the data found, the importance of the tourism economy for the selected destination. The short conclusion counts in the word allocation of Student A.• This assignment is to be presented in form of an integrated report.
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