Hotel and catering economics: a new approach

The paper suggests that economics within hotel and catering education is at a watershed. It is right to examine closely why economics should be included in hotel and catering education and to discuss the possibility of alternative or complementary approaches. Certain problems with present economics teaching are examined and more attention, it is argued, should be given to the recent developments in economics especially the analysis of business behaviour and the overlap between economics, decision sciences and management in the areas of control, planning and decision making. The possibility of integration remains an exciting one both for teaching and research.