ECH-22306 Economics of Consumption, Welfare and Society

Course

Credits 6.00

Language of instruction:

English

Assumed knowledge on:

MCB-20806 Principles of Consumer Studies

Continuation courses:

ECH-30306 Economics of Consumers and Households

Contents:

This course pays attention to behavioral economic and socio-economic approaches in the field of consumption, welfare and society. It is obligatory for BBC students majoring Consumer Studies. It is recommended for BBC students majoring in Management Studies, and can be a suitable optional for other, international students.
Attention will be paid to the following subjects: the welfare state, well-being and welfare, inequality in resources consumption and time allocation, food consumption, household decision making, care and health, sustainable consumption, and the behavourial economics approach to policy making.
The course has two broad aims. The first aim is to familiarize students with behavioral economics and socio-economics approaches to topics or issues in the field of consumption, welfare and society The second aim is to get students acquainted with the various stages of the empirical cycle when doing empirical research.

Learning outcomes:

After having completed this course:
- the student is acquainted with various theoretical contributions in the field of economics of consumption, welfare and society;
- the student is able to write a short essay on one of the topics in the field of economics of consumption, welfare and society;
- the student is able to do a secondary data analysis and to write a short research report based on the secondary analysis and to give an oral presentation of the research.

Activities:

- lectures;
- literature study;
- short essay;
- short research paper;
- presentation.

Examination:

The student's performance will be measured in three ways:
1. Mark for the written examination on the contents of the lectures and the obligatory literature at the end of the course;
2. A mark for the short essay;
3. A mark for the short research paper and presentation.
The final mark is the weighted average of the three marks with some additional prerequisites. Further written information on the course will be distributed at the first lecture.

Literature:

To be announced.