Tourism Economics and Regional Development, M.Sc.

  • N/A
    Application Deadline
  • 18 months
  • English (book IELTS)
University rank #601 (WUR) ,
The increasing economic importance of tourism led to a fast expansion of Tourism Economics over the last two decades. The present Master Program combines this emerging field within Economics with a consolidated one: Regional Economics. The Tourism Economics and Regional Development programme is offered at the University of Algarve.


The region of Algarve is a natural laboratory for Tourism Economics and Regional Development. Hence, this Master's Program aims not only to provide students with state of the art knowledge on these fields, but also to explore its practical applications. Our motto is: Bridging Theory and Practice.

The Tourism Economics and Regional Development programme is offered at the University of Algarve.

Integrated in a Double Degree Program, this Master also allows students to access the Master in Economics of Tourism: Monitoring and Evaluation, offered by the University of the Balearic Islands (Spain).

Students who conclude our Master can also obtain the Degree of Master in Economics of Tourism: Monitoring and Evaluation, by spending a semester at the University of the Balearic Islands and approving in 30 ECTS.


The Master in Tourism Economics and Regional Development is accredited by the Portuguese Agency for Assessment and Accreditation of Higher Education - A3ES.

Programme Structure

The Master lasts for 3 semesters and comprises a total of 90 ECTS. The courses, all taught in English, are offered during the first three quarters and cover 60 ECTS. The Final Master Work (Dissertation, Project or Internship) takes place in the third semester and is associated with 30 ECTS.

Year 1

1st Trimester

  • Mathematics and Statistics for Economics
  • Economic Theory
  • Econometrics
  • Tourism Economics
  • Regional Development Economics
2nd Trimester
  • Regional Analysis Methods
  • Economic Impact of Tourism
  • Modelling Tourism Demand
  • Tourism Policy and Strategy
3rd Trimester
  • Tourism and Sustainability
  • Planning and Management of Tourism Projects
  • Research Project
  • Optional (1)
  • Optional (1)
Year 2

1st Semester

  • Dissertation, Project or Internship Report


The Master Program is coordinated in Portugal by a Directive Board, headed by Pedro Pintassilgo. Internationally the coordination is undertaken by Jafar Jafari, a world known scholar in the field of Tourism Studies.

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 18 months
  • Credits
    90 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You need the following IELTS score:

  • Minimum required score:


    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Book IELTS

Academic Requirements

The Master Program is aimed at graduates in Economics or Business Administration. Graduates in other scientific domains, such as Tourism, can also apply. However, their admission may require attending some undergraduate courses in Economics.

All courses will be taught in English. Thus, a good English proficiency is required.

If your application is successful, you must also submit:

  • University Degree Certificate and Academic Results Transcripts*;
  • Passport or Identity Card (photocopy);
  • Taxpayer Number: NIF (for Portuguese applicants only);
  • Colour photo.

*If you are non-Portuguese, these documents must be certified in your country by a notary under the Hague Apostille Convention or by the Portuguese Consulate. Documents in English, Portuguese, Spanish or French do not require translation. Documents in any other language must be translated into English or Portuguese.

Tuition Fee

  • International Applies to you

    2083.3333333333 EUR/year
    Tuition Fee
    Based on the original amount of 3125 EUR for the full programme and a duration of 18 months.
  • EU/EEA Applies to you

    1833.3333333333 EUR/year
    Tuition Fee
    Based on the original amount of 2750 EUR for the full programme and a duration of 18 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
  • Application Fee 50€ (at application)
  • Enrollment Fee 150€ (at application)
  • School Insurance 25€ (at application)
1st Year (Courses Part)
  • EU Nationals: 2.250€
  • Non-EU Nationals: 2.250€
2nd Year (Dissertation / Project / Internship)
  • EU Nationals: 500€
  • Non-EU Nationals: 875€

Living costs for Faro

400 - 450 EUR/month
Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


The Faculty of Economics, University of the Algarve, aims to attract talented students to its Master Programme in Tourism Economics and Regional Development. For the coming academic year, Merit Scholarships will be made available by the Faculty for the most outstanding candidates enrolling in the programme.

How to apply?

Applicants need to apply for a Merit Scholarship in a letter, written in English, addressed to the Director of the MSc in Tourism Economics and Regional Development, Prof. Pedro Pintassilgo. The written application should be accompanied by two letters of recommendation regarding the academic qualities of the applicant, a certified copy of the undergraduate diploma and a certified copy of the grades obtained. The application for admission to the MSc in Tourism Economics and Regional Development and a request for a scholarship should be made simultaneously.

When to apply?

The application should be submitted until March 31, with respect to a scholarship for the academic year.

Eligibility and Selection

All outstanding students, with a BSc in Economics, Management or Tourism are eligible for applying to our Academic Merit Scholarship.

Applicants will be selected based on their C.V., marks on BSc courses, and letters of recommendation. Scholarships will be awarded neither to applicants who already obtained a Master’s degree nor to applicants who have been granted another scholarship covering the tuition fee.

Applicants will be informed of the final decision by 10th April.

The scholarship

There are two Academic Merit Scholarships available, which only cover the tuition fee.


Academic Merit Scholarships are only awarded to applicants who are admitted to the MSc in Tourism Economics and Regional Development. A scholarship granted for the academic year cannot be transferred to another academic year. Failing to enroll in the MSc programme entails forfeiture of the scholarship.

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.