Monash University Handbooks 2008

ECF3120 - Consumer economics

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader: Dr Rebecca Valenzuela

Offered

Caulfield First semester 2008 (Day)

Synopsis

Economic principles underlying consumer choice and demand; economic models of household consumption behaviour; analysis of consumption of durable goods, public goods and environmental goods. The role of government over labelling requirements and other forms of consumer protection; an impact analysis of alternative market structures and a globalising economy on consumer demand; an analysis of the impact of e-commerce on consumer welfare through information content analysis, valuation of e-search mechanisms, and assessment of on-line product trial systems and similar options.

Assessment

Within semester assessment: 40%
Examination (2 hours): 60%

Contact hours

3 hours per week

Prerequisites

ECF1100, ECF2100, or equivalent

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