This book provides an up-to-date, concise and readable coverage of the most important topics in tourism economics. Taking into account advances in economic thought, analysis and in applied methods, it pays attention to relevant traditional topics in tourism economics as well as exciting emerging topics in this field topics which are expected to be of continuing importance. Contributions provide applications of economic analysis to tourism policy and constructive assessment of contemporary thought about tourism economics. Extra value is added to this work by the inclusions of several case studies such as the contribution of tourism to economic development in selected countries including China, India and Vietnam.