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MSB103 Consumer Behavior

Course description for academic year 2021/2022

Contents and structure

The course is designed to enable students to understand why people buy what they buy, and what influences their consumption. Consumption is so prevalent that we are often unaware of its importance in shaping our lives. This course adopts a social-psychological approach to consumer behaviour and, with case study examples from marketing practice and consumer research, explores the potentially complementary experience of the individual consumer, cultures of consumption and marketing activity.     

The course covers the following topics:

  • People as consumers: Emergence and development of Consumer society and culture.
  • Consumer decision making: Choosing and consuming products.
  • Technology influence on  consumer behavior.
  • Contemporary models of consumer behaviour. 
  • Market segmentation and its continued usability questions 
  • Perceptions and meaning.
  • Learning, memory and cognition. 
  • Motivation, personality, lifestyles and values.
  • The self, self image and extended self.
  • Attitude and persuasive communication.
  • The influence of income and social class.
  • Group influences, social media and the virtual self. 
  • Familial, social and developmental influences. 
  • Culture’s influence on consumer behavior and subcultural consumptions.

Learning Outcome

Knowledge 

Upon completion of the course, the student: 

  • has advanced knowledge within marketing and specialized insight into consumption in society, processes of innovation adoption and related consumer behaviour.   
  • can apply consumer theory to new areas within marketing and economics.  
  • has thorough knowledge about factors influencing consumer behavior in different cases, contexts and settings. 
  • can analyze marketing innovation problems on the basis of the history, traditions, distinctive character and place in society of consumer behaviour. 

  

Skills  

Upon completion of the course, the student: 

  • can analyze and deal critically with various sources of consumer data and use them to structure and formulate scholarly arguments.  
  • can analyze existing theories, methods and interpretations in the field and work independently on practical and theoretical problems.   
  • has a solid understanding of the central importance of consumer behaviours to businesses, marketing professionals and market innovators. 
  • can use relevant methods for research and scholarly development work in an independent manner.  
  • can carry out an independent, limited research or development project under supervision and in accordance with applicable norms for research ethics in consumer behaviour. 

  

General Competence  

Upon completion of the course, the student will be able to: 

  • apply current thinking in consumer behavior. 
  • advise and consult on the implications of marketing tactics in a given consumer studies context. 
  • analyze relevant academic, professional and research ethical problems  
  • communicate extensive independent work and master language and terminology of the consumer research field. 
  • communicate about academic issues, analyses and conclusions in the field, both with specialists and the general public. 
  • contribute to new thinking and innovation processes in Critical Consumer Theory and Consumer Behaviour. 

Entry requirements

Admission to Master`s Programme in Business

Recommended previous knowledge

The students should have basic knowledge of marketing, evidenced by passing a marketing introduction course in their bachelor progam. 

Teaching methods

The teaching format of the course is a combination of lectures, problem solving, discussions of articles/cases and in-class exercises. Students are expected to participate in Individual and team presentations of course literature, discussion on case studies/articles and seminar. 

Compulsory learning activities

The arbeidskrav consists of one written assignment, and one oral presentation, both made in groups of up to three persons. The arbeidskrav must be passed in order to appear in the final exam. Any request to submit the assignment individually must be approved by the instructor.

Assessment

Individual written examination, 5 hours. 

Grading scale is A-F where F is fail. 

Examination support material

 None

More about examination support material