Nalyzing consumption trends between consumption theories
– Consumer consumption is explained either throw Neoclassical theory ( consumer sovereignty ) or throw Veblen approach (conspicuous consumption) however consumption of consumer if effected by both of these different theories in same time analyze this
– Lecturers review of consumption discussing the dual effect of both theories on consumer behavior. (3-5review)
– Analyze & criticize mentioned reviews
– Example model for reader to follow the dual effect on consumption
– diagrams explaining the consumption
The task is to write an extended essay of up to 2000 words on the project. What expected is to learn and develop different skills, for example identifying an economic problem, addressing the question, collecting and assessing data either qualitative or quantitative, making academic judgments about the work of other studies, carrying out research interviews or working with econometric models.