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
