Economic Impact of Tourism

Inquiry Question How does tourism affect the economies of places?

Learning Objectives

At the end of this lesson, students will be able to

Describe the economic impact of the tourism system
Explain the positive economic impact
1. increased employment in the formal and informal tourism sectors at tourist-generating and destination regions
2. higher income generated from tourists’ spending on consumer goods and services especially at tourist destination regions
Negative economic impact
1. economic leakages resulting in less tourism revenue
2. overdependence on tourism increasing tourist destination regions’ vulnerability to a sudden fall in tourist numbers

Sparking curiosity

Examine the following resources about the economic impact of the Eras Tour on the Singapore economy.

Beyond a swift lift to Singapore’s Q1 economy, Taylor’s concerts can deliver long-term dividends (Newspaper article)

How has Taylor Swift's "Eras Tour" benefitted Singapore's economy? (Video)

2. Collection of Data

a. Study the lecture notes on the Economic Impacts of Tourism (Basic)

b. 10 Economic impacts of tourism + explanations + examples (Additional Information)

c.The Economic Impact of Tourism: What You Need to Know

3. Exercising reasoning

a. Structured Question and Open-ended Question

b. The Economic Impacts of Tourism Sec 4E

c.The Economic Impacts of Tourism Sec 4D

d. The Economic Impact of Tourism Sec 4J

e. The Economic Impact of Tourism Sec 4A/4I

Debate Topic

‘The negative economic impacts of tourism are more serious than the positive impacts that tourism bring to a country.’ How far do you agree with this statement?