Includes bibliographical references (pages [236]-239) and index.
1. The approach to economics -- 2. The Market -- 3. Economic trends affecting the hospitality industry -- 4. Structural change in the accommodation, food and drink sectors -- 5. Macroeconomic fluctuations and the hospitality industry -- 6. The hospitality industry and the local economy -- 7. Costs and market structure -- 8. Market structure and market control -- 9. Strategic product development and delivery -- 10. Business operations -- 11. Business development -- 12. Pricing and product development -- 13. Maintaining and developing your economic skills