The course discusses the economic analysis of leisure consumption decisions and the economic issues in the leisure industry. In the semester, we will first apply the concepts and tools of microeconomics to analyze how a consumer make time allocation decision on the choice among leisure, consumption, school and work, and how a leisure business manages its supply, demand, investment, and market interactions. In the second part of the course, we will cover the macroeconomic issues of leisure, including the impacts of leisure industry on nation’s production, income, employment, economic development and international finance and trade.

Through case studies and examples, it is expected for students to gain extensive understanding on the economic issues in Taiwan’s and global leisure markets, and to learn how to apply economics to the operations and management in the leisure industry. The course shall also provide a great foundation for students to advance in their future study and career development related to the leisure business.