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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS TUI 5076 FEASIBILITY STUDIES IN TOURISM ELECTIVE 3 0 0 5

Offered By

Tourism Management

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR YUSUF GÜMÜŞ

Offered to

Tourism Management

Course Objective

The objective of this course is to analyze tourism investment projects and capital budgeting providing long term revenue to tourism businesses.

Learning Outcomes of the Course Unit

1   To be able to differentiate investment decisions from other business decision in tourism. 2   To be able to steps taken in a feasibility analysis in tourism. 3   To be able to classify and apply investment project evaluation methods. 4   To be able to make tourism investment project decision in certainty conditions. 5   To be able to make tourism investment project decision in uncertainty conditions.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Fundamental Concepts in Investment Project Analysis 2 Investment Policy and Planning in Tourism 3 Feasibility Analysis in Tourism 4 Economic Analysis: Demand-Supply Analysis 5 Economic Analysis: Capacity and Market Research 6 Financial Analysis 7 Financial Analysis 8 Importance of Project Evaluation and Time Value of Money 9 Investment Project Analysis and certainty principle 10 Investment Project Analysis and uncertainty principle 11 Investment Project Analysis in Inflationary Environment 12 Evaluation of Investment Projects in terms of National Economies 13 Investment Incentives in Tourism 14 Investment Incentives in Tourism

Recomended or Required Reading

Textbook(s): Yatırım Projelerinin Değerlendirilmesi - Prof. Dr. Öcal Usta

Planned Learning Activities and Teaching Methods

Lecture, in-class discussions and presentations. Case studies and comparative analyses.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 FCG FINAL COURSE GRADE 3 FCGR FINAL COURSE GRADE MTE * 0.40 + FCG* 0.60 4 RST RESIT 5 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + RST* 0.60

Further Notes About Assessment Methods

None

Assessment Criteria

The students will be evaluated with the midterm, final exams, terms project report and presentation.

Language of Instruction

English

Course Policies and Rules

Attendance is mandatory for the class. Active participation of students is expected.

Contact Details for the Lecturer(s)

yusuf.gumus@deu.edu.tr

Office Hours

Thursday "11.00-12.00"

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 14 3 42 Preparations before/after weekly lectures 14 2 28 Preparation for midterm exam 1 10 10 Preparation for final exam 1 12 12 Preparing assignments 1 18 18 Preparing presentations 1 18 18 Midterm 1 2 2 Midterm 1 2 2 TOTAL WORKLOAD (hours) 132

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 LO.1 5 4 3 5 5 4 5 3 4 5 LO.2 5 5 5 4 4 3 5 5 4 4 LO.3 5 5 4 4 3 4 4 5 4 5 LO.4 5 5 5 3 5 5 4 5 4 4 LO.5 5 4 4 3 5 5 4 5 5 3