Consumer Economics

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  consumer economics: Consumer Economics Elizabeth B. Goldsmith, 2016-06-10 From identity theft to product recalls, from what we once thought of as unshakeable institutions to increasing concerns about sustainability, consumer issues are an integral part of modern life. This fully updated third edition of Consumer Economics offers students an accessible and thorough guide to the concerns surrounding the modern consumer and brings to light the repercussions of making uninformed decisions in today’s economy. This definitive textbook introduces students to these potential issues and covers other key topics including consumer behavior, personal finance, legal rights and responsibilities, as well as marketing and advertising. Combining theory and practice, students are introduced to both the fundamentals of consumer economics and how to become better-informed consumers themselves. Highlights in this new edition include: New Critical Thinking Projects feature to encourage students to develop their critical thinking skills through analysing consumer issues. Expanded coverage of social media and the impact of social influence on consumers. Revised Consumer Alerts: practical advice and guidance for students to make smart consumer decisions. A new Companion Website with a range of presentation materials and exercises related to each chapter. Fully updated throughout, this textbook is suitable for students studying consumer sciences – what works, what doesn’t, and how consumers are changing.
  consumer economics: Handbook of US Consumer Economics Andrew Haughwout, Benjamin Mandel, 2019-08-12 Handbook of U.S. Consumer Economics presents a deep understanding on key, current topics and a primer on the landscape of contemporary research on the U.S. consumer. This volume reveals new insights into household decision-making on consumption and saving, borrowing and investing, portfolio allocation, demand of professional advice, and retirement choices. Nearly 70% of U.S. gross domestic product is devoted to consumption, making an understanding of the consumer a first order issue in macroeconomics. After all, understanding how households played an important role in the boom and bust cycle that led to the financial crisis and recent great recession is a key metric. - Introduces household finance by examining consumption and borrowing choices - Tackles macro-problems by observing new, original micro-data - Looks into the future of consumer spending by using data, not questionnaires
  consumer economics: Consumer Economics Wendy Reiboldt, 2020
  consumer economics: Consumer Economics Steven Dale Soderlind, 2001 Focusing on the service economy, and designed especially for non-economics majors, this practical text establishes a new and enduring blend of topics for an introductory course in consumerism. It presses students to appreciate the world of markets and to clarify their personal priorities for decision-making as it introduces the fundamentals of markets, consumer choice, financial assessment, risk avoidance and other topics. The book features numerous illustrative examples, useful perspectives and practical guidelines on intelligent consumerism.
  consumer economics: Consumer Economics: A Practical Overview Steven Dale Soderlind, 2016-09-16 This work focuses on the service economy, it introduces the fundamentals of markets, consumer choice, financial assessment, risk avoidance, and other topics.
  consumer economics: Consumer Economics Elizabeth B. Goldsmith, 2021-05-24 From artificial intelligence to identity theft, from what we once thought of as unshakeable institutions to increasing concerns about privacy and sustainability, consumer issues are an integral part of daily life. This updated fourth edition of Consumer Economics offers students an accessible and thorough guide to the concerns surrounding the modern consumer and brings to light the repercussions of making uninformed decisions in today’s global economy. This definitive textbook introduces students to these potential issues and covers other key topics including consumer behavior, the history of the consumer movement, personal finance, legal rights and responsibilities, and marketing and advertising. Combining theory and practice, students are introduced to both the fundamentals of consumer economics and how to become better-informed consumers themselves. Highlights in this new edition include the following: New case studies and critical thinking projects to encourage students to develop their critical thinking skills through analyzing consumer issues. Expanded coverage of social media and the impact of social influence on consumers. Revised consumer alerts: practical advice and guidance to help students make smart consumer decisions. A companion website with PowerPoint slides for each chapter. Fully updated, this textbook is suitable for students studying consumer sciences—what works, what does not, and how consumers are changing.
  consumer economics: Consumer Law and Economics Klaus Mathis, Avishalom Tor, 2020-08-31 This edited volume covers the challenges currently faced by consumer law in Europe and the United States, ranging from fundamental theoretical questions, such as what goals consumer law should pursue, to practical questions raised by disclosure requirements, the General Data Protection Regulation and technology advancements. With governments around the world enacting powerful new regulations concerning consumers, consumer law has become an important topic in the economic analysis of law. Intended to protect consumers, these regulations typically seek to do so by giving them tools to make better decisions, or by limiting the consequences of their bad decisions. Legal scholars are divided, however, regarding the efficacy and effects of these regulations; some call for certain policies to be abolished, while others support a regulatory expansion.
  consumer economics: Consumer Economics Deji Badiru, 2014-12-08 Many consumers dont understand why or how interest rates work over time. In Consumer Economics, author Deji Badiru provides a concise guide to a better understanding of the time value of money based on the compounding effect of interest ratesthe idea that time is a critical element in accumulating future values from a present cash flow value. Badiru helps consumers understand the underpinning theories and principles of different loan scenarios and cash flow profiles. He covers cash flow diagrams, present value, future value, simple and compound interest rates, annual percentage rate, annuity, compounding of interest, capitalized cost, perpetual cash flow, rule of seventy-two, payback period, benefit-cost ratio, mortgage loan analysis, and equity breakeven point. Consumer Economics offers the layperson important and useful information about interest rates, how to calculate their effect, and how to use this knowledge to their advantage. It communicates the importance of placing ones money in interest-bearing bank accounts or other investment vehicles to get the most from ones money.
  consumer economics: National, Industrial and Consumer Economics United States. Interagency Task Force on Motor Vehicle Goals Beyond 1980. Panel on National/Industrial/Consumer Economics, United States. Interagency Task Force on Motor Vehicle Goals Beyond 1980. Panel on National, industrial and Consumer Economics, 1976
  consumer economics: The Experience Economy B. Joseph Pine, James H. Gilmore, 1999 This text seeks to raise the curtain on competitive pricing strategies and asserts that businesses often miss their best opportunity for providing consumers with what they want - an experience. It presents a strategy for companies to script and stage the experiences provided by their products.
  consumer economics: Energy Conservation, Hearing Before the Subcommittee on Consumer Economics of ..., 93-1, November 19, 1973 United States. Congress. Economic Joint Committee, 1973
  consumer economics: The Irrational Consumer Enrico Trevisan, 2016-03-09 Companies of all kinds have fallen into some of the most fundamental of traps when it comes to consumer marketing; in assuming that the motivation that drives their customers is entirely rational. Enrico Trevisan's The Irrational Consumer builds on the ground breaking works on behavioural economics of authors such as Daniel Kahneman and Richard Thaler in order to explain the fundamental drivers of customer decisions and how to incorporate these into your business strategy. Learn how consumers respond to different offer architectures and discounts; why they sometimes struggle to see the wood for the trees in a world of ever-increasing options; what are the rules of thumb they develop for making sense of value. Behavioural economics offers organizations perspectives for engaging with customers, whose views on what to buy are strongly driven by contextual factors, such as the framework and the dynamics of choices. Enrico Trevisan's The Irrational Consumer is your 'must-have' primer to this world.
  consumer economics: Consumer Economics Stewart Munro Lee, Mel J. Zelenak, 1990
  consumer economics: Consumer Economic Wellbeing Jing Jian Xiao, 2015-06-01 This timely text overviews theories, concepts, and contexts relating to the emerging field of behavioral economics. Research theories and data gathered across psychology, sociology, marketing, finance, and other relevant disciplines are synthesized to identify and elaborate on the defining aspects of consumer economic wellbeing. Against a background of consumer rights and responsibilities, the book discusses consumer phenomena of earning, spending, saving, and borrowing and their contributions to improving (and in some cases to worsening) economic wellness. In addition, the author presents effective ways consumers can be encouraged to navigate key economic environments such as the media, advertising, and the internet, and to change negative financial behaviors. Among the featured topics: Historical perspective on consumer economic wellbeing. Consumer financial capability and economic wellbeing. The role of government in promoting consumer economic wellbeing. Corporate social responsibility. Theories of online shopping and e-banking. Desirable and undesirable consumption behavior. Consumer Economic Wellbeing clarifies issues and provides insights for researchers in the fields of consumer psychology and economics, psychologists and mental health professionals, and policy analysts. It is also useful as a text for college courses in related subjects.
  consumer economics: Consumer Economics Charlie Ward, 2021-11-16 The study of production, distribution and consumption of goods and services is known as economics. The branch of economics that deals with the analysis of behavior of consumers, individuals or families is known as consumer economics. It may also include policy planning and financial planning. Consumer economics affects the overall economy. Consumer leverage ratio, total household debt and personal income are some of the facets studied under this discipline. Consumer leverage ratio is the ratio of total household debt to disposable personal income, where total household debt is the combined debt of all the people in the household. Some of the theoretical models which fall under consumer economics are time allocation models, stigler's information theory and household production model. This book is a valuable compilation of topics, ranging from the basic to the most complex theories and principles in the field of consumer economics. Different approaches, evaluations, methodologies and studies related to this discipline have been included herein. For someone with an interest and eye for detail, this book covers the most significant topics related to this field.
  consumer economics: Consumer Behavior, Organizational Strategy and Financial Economics Mehmet Huseyin Bilgin, Hakan Danis, Ender Demir, Ugur Can, 2018-03-30 This volume presents selected articles from the 21st Eurasia Business and Economics Society (EBES) Conference, which was held in Budapest (Hungary) in 2017. The theoretical and empirical papers in this volume cover various areas of business, economics, and finance from a diverse range of regions. In particular, this volume focuses on the latest trends in consumer behavior, new questions in the development of organizational strategy, and the interaction of financial economics with industrial economics and policy.
  consumer economics: Consumption in China LiAnne Yu, 2014-11-05 Consumption practices in China have been transformed at an unprecedented pace. Under Mao Zedong, the state controlled nearly all aspects of what people consumed, from everyday necessities to entertainment and the media; today, shoddy state-run stores characterized by a dearth of choices have made way for luxury malls and hypermarkets filled with a multitude of products. Consumption in China explores what it means to be a consumer in the world’s fastest growing economy. LiAnne Yu provides a multi-faceted portrait of the impact of increased consumption on urban spaces, social status, lifestyles, identities, and freedom of expression. The book also examines what is unique and what is universal about how consumer practices in China have developed, investigating the factors that differentiate them from what has been observed among the already mature consumer markets. Behind the often staggering statistics about China are the very human stories that highlight the emotional and social triggers behind consumption. This engaging book is a valuable resource for students, scholars and business professionals interested in a deeper understanding of what motivates China’s consumers, and what challenges they face as more aspects of everyday life become commoditized.
  consumer economics: Survey and Evaluation of Consumer Education Programs in the United States Joseph N. Uhl, 1970
  consumer economics: Consumer's Guide to Economic Choices Pasquale De Marco, 2025-03-17 In a world driven by consumerism, navigating the complexities of the marketplace can be daunting. This comprehensive guide to consumer economics provides a roadmap for making informed choices, understanding your rights, and thriving in today's dynamic economic landscape. Delve into the core concepts of consumer economics, exploring the factors that influence your behavior, the intricacies of personal finance, and the ethical and environmental dimensions of consumption. Learn how to manage your money wisely, make informed investment decisions, and plan for a secure financial future. Discover sustainable consumption practices, responsible travel, and the importance of supporting businesses that align with your values. Unravel the impact of technology on consumer behavior, examining how artificial intelligence, e-commerce, and social media are redefining the way you purchase goods and services. Stay ahead of the curve with insights into emerging consumer trends and forecasts, enabling you to adapt to changing preferences and stay competitive in the marketplace. Whether you are a seasoned shopper, a budding entrepreneur, or simply someone looking to make more conscious consumer decisions, this book offers a wealth of knowledge and practical strategies to help you navigate the complexities of the modern marketplace. Empower yourself with the skills and understanding you need to make informed choices, protect your rights, and thrive as a consumer in the 21st century. Take control of your economic journey and make the most of the opportunities that await you. This comprehensive guide to consumer economics is your essential companion, providing the insights and tools you need to succeed in today's dynamic and ever-changing marketplace. If you like this book, write a review!
  consumer economics: Who's Buying? Who's Selling? Jennifer S. Larson, 2017-08-01 Have you ever bought a cold drink at a lemonade stand? Or have you baked cookies for a school bake sale? If so, you’re a consumer and a producer! Consumers, producers, buyers, and sellers all provide things other people want and need. How do they work together in the marketplace? Read this book to find out.
  consumer economics: The Sovereign Consumer Niklas Olsen, 2018-08-25 This book presents a new intellectual history of neoliberalism through the exploration of the sovereign consumer. Invented by neoliberal thinkers in the interwar period, this figure has been crucial to the construction and legimitization of neoliberal ideology and politics. Analysis of the sovereign consumer across time and space demonstrates how neoliberals have linked the figure both to the idea of democracy as a method of choice, and also to a re-invention of the market as the democratic forum par excellence. Moreover, Olsen contemplates how the sovereign consumer has served to marketize politics and functioned as a major driver in a wide-ranging transformation in political thinking, subjecting traditional political values to the narrow pursuit of economic growth. A politically timely project, The Sovereign Consumer will have a wide appeal in academic circles, especially for those interested in consumer and welfare studies, and in political, economic and cultural thought in the twentieth century.
  consumer economics: Consumer Education and Economics, Student Edition McGraw-Hill Education, Ross Lowe, Charles Malouf, Annette Jacobson, 2002-07-19 Consumer Education & Economics is a comprehensive consumer education program covering three broad areas: understanding our economy, managing family and personal finances, and making well-informed purchasing decisions. The up-to-date content includes credit, identity theft, new investment options, estate planning, using financial software, consumer ethics, and choosing child and adult care services. Updated content is particularly time sensitive, with many recent developments being addressed: new consumer laws, changes in our health care system, and the rapid growth of Internet resources. Skill development in critical thinking, decision-making, and resources management is emphasized. Colorful charts and graphs summarize information in easy-to-grasp, visually interesting ways.
  consumer economics: The Consumer Interest , 1949
  consumer economics: Consumer Economics Daniel Feinberg, 1964
  consumer economics: Introducing Economics: A Critical Guide for Teaching Mark H. Maier, Julie Nelson, 2014-12-18 Make economics resonate to high school students. This practical handbook will help economics and social studies teachers foster critical thinking by introducing students to the real-life dimensions of the major controversies in contemporary economics. Filled with useful teaching tips and user-friendly information on finding engaging materials and activities for the classroom, the book also includes detailed coverage of the Voluntary National Content Standards for economics. Introducing Economics is a one-stop resource for high school teachers who want to make economics relevant to their students' lives. It includes more than 50 sections with lists of suggested Activities and Resources, many with Internet links. It features boxed Hints for Clear Teaching tips for presenting particularly difficult topics. It provides an annotated resource guide to more than 30 organizations involved in economics education, with associated Internet links. It follows the flow of topics in a typical economics course. It addresses real-life topics that are ignored or glossed-over in traditional textbooks - economics and the environment, the distribution of income and wealth, discrimination, labor unions, globalization, the power of corporations, and more. It offers critical guidance for meeting all 20 Voluntary National Content Standards in economics, and also provides an overview of the political and intellectual history and contemporary state of economics education.
  consumer economics: Modern Consumer Theory Kelvin Lancaster, 1991 Professor Lancaster has made a major contribution to consumer theory. His work on the consumer's decision-making process has been particularly influential. This coherent thematic selection of his most important recent essays, some of which are published here for the first time, reflect the major features of Professor Lancaster's work. The essays form a unified collection on consumer choice and product variety and will be essential reading for any economist with an interest in the most recent developments in modern microeconomics.
  consumer economics: Economic and Personal Finance Education in Our Nation's Schools In 2004 Robert F. Duvall, 2008-10 This survey gives an indication of how best to address the teaching of economics and personal finance in our nation. It must be state-by-state, because that is where curriculum decisions are made. The federal government must encourage states to place economic and personal finance education not only into state standards, but into the core curriculum. This report looks at the national picture and sees where we are succeeding and where we need more attention. Tables and maps.
  consumer economics: The Geography of Consumer Economics Among Black Americans in Oakland Kenneth Allan Jordan, 1977
  consumer economics: The Paradox of Choice Barry Schwartz, 2009-10-13 Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.
  consumer economics: Consumer Economics Elizabeth B. Goldsmith, 2004-02-29
  consumer economics: Consumer Economics After Keynes George Hadjimatheou, 1987
  consumer economics: Consuming Life Zygmunt Bauman, 2013-05-08 With the advent of liquid modernity, the society of producers is transformed into a society of consumers. In this new consumer society, individuals become simultaneously the promoters of commodities and the commodities they promote. They are, at one and the same time, the merchandise and the marketer, the goods and the travelling salespeople. They all inhabit the same social space that is customarily described by the term the market. The test they need to pass in order to acquire the social prizes they covet requires them to recast themselves as products capable of drawing attention to themselves. This subtle and pervasive transformation of consumers into commodities is the most important feature of the society of consumers. It is the hidden truth, the deepest and most closely guarded secret, of the consumer society in which we now live. In this new book Zygmunt Bauman examines the impact of consumerist attitudes and patterns of conduct on various apparently unconnected aspects of social life politics and democracy, social divisions and stratification, communities and partnerships, identity building, the production and use of knowledge, and value preferences. The invasion and colonization of the web of human relations by the worldviews and behavioural patterns inspired and shaped by commodity markets, and the sources of resentment, dissent and occasional resistance to the occupying forces, are the central themes of this brilliant new book by one of the worlds most original and insightful social thinkers.
  consumer economics: Thesaurus of ERIC Descriptors , 1972
  consumer economics: Thesaurus of ERIC Descriptors Educational Resources Information Center (U.S.), 1969
  consumer economics: Consumer Protection in a Circular Economy Bert Keirsbilck, Evelyne Terryn, 2019 This book explores the concept of a circular economy from both a legal and an interdisciplinary perspective.
  consumer economics: Handbook of US Consumer Economics Andrew Haughwout, Benjamin Mandel, 2019-08-13 Handbook of U.S. Consumer Economics presents a deep understanding on key, current topics and a primer on the landscape of contemporary research on the U.S. consumer. This volume reveals new insights into household decision-making on consumption and saving, borrowing and investing, portfolio allocation, demand of professional advice, and retirement choices. Nearly 70% of U.S. gross domestic product is devoted to consumption, making an understanding of the consumer a first order issue in macroeconomics. After all, understanding how households played an important role in the boom and bust cycle that led to the financial crisis and recent great recession is a key metric.
  consumer economics: Culture and Consumption Grant David McCracken, 1990-11-22 This book compiles and integrates highly innovative work aimed at bridging the fields of anthropology and consumer behavior. —Journal of Consumer Affairs . . . fascinating . . . ambitious and interesting . . . —Canadian Advertising Foundation Newsletter . . . an anthropological dig into consumerism brimming with original thought . . . —The Globe and Mail Grant McCracken has written a provocative book that puts consumerism in its place in Western society—at the centre. —Report on Business Magazine . . . a stimulating addition to knowledge and theory about the interrelationship of culture and consumption. —Choice [McCracken's] synthesis of anthropological and consumer studies material will give historians new ideas and methods to integrate into their thinking. —Maryland Historian The book offers a fresh and much needed cultural interpretation of consumption. —Journal of Consumer Policy The volume will help balance the prevailing cognitive and social psychological cast of consumer research and should stimulate more comprehensive investigation into consumer behavior. —Journal of Marketing Research . . . broad scope, enthusiasm and imagination . . . a significant contribution to the literature on consumption history, consumer behavior, and American material culture. —Winterhur Portfolio For this is a superb book, a definitive exploration of its subject that makes use of the full range of available literature. —American Journal of Sociology McCracken's book is a fine synthesis of a new current of thought that strives to create an interdisciplinary social science of consumption behaviors, a current to which folklorists have much to contribute. —Journal of American Folklore This provocative book takes a refreshing new view of the culture of consumption. McCracken examines the interplay of culture and consumer behavior from the anthropologist's point of view and provides new insights into the way we view ourselves and our society.
  consumer economics: Catalog Food and Nutrition Information Center (U.S.), 1973 2365 references to books, journal articles, brochures, and audiovisual aids that are of interest to personnel of the school food service and nutrition education profession. Broad topical arrangement. Entries include accession number, bibliographical information, call number of FNIC, descriptors, and abstract. Indexes by subjects, authors (personal and corporate), and titles.
  consumer economics: Food and Nutrition Information and Educational Materials Center catalog Food and Nutrition Information Center (U.S.)., 1976
  consumer economics: Catalog. Supplement - Food and Nutrition Information and Educational Materials Center Food and Nutrition Information and Educational Materials Center (U.S.), 1975 Supplements 3-8 include bibliography and indexes / subject, personal author, corporate author, title, and media index.
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