2017/2018 BA-BPSYO1541U Consumer Behaviour and Market Analysis
English Title | |
Consumer Behaviour and Market Analysis |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Mandatory |
Level | Bachelor |
Duration | One Semester |
Start time of the course | Spring |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Study board |
Study Board for BSc/MSc in Business Administration and
Psychology, BSc
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Course coordinator | |
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Main academic disciplines | |
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Last updated on 15-12-2017 |
Relevant links |
Learning objectives | ||||||||||||||||||||||
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors:
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Course prerequisites | ||||||||||||||||||||||
This course builds on some of the courses of the preceding semesters. Students will have to move their focus from the organization to the market and take a marketing perspective. | ||||||||||||||||||||||
Examination | ||||||||||||||||||||||
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Course content and structure | ||||||||||||||||||||||
The overall goal of the course is to enable students to theoretically connect consumer behaviour research, based on fundamental psychological theories and models, with marketing models and theories, and gain an understanding of a market-view. Moreover, students’ analytical skills will be trained by analyzing practical examples and cases based on the theoretical foundations.
Consumer behaviour research aims at explaining how consumers make decisions in the marketplace, and the course introduces students to theories and models of consumer behaviour. Thereby, this course builds on and extends students’ knowledge from preceding courses on cognitive psychology and personality and social psychology. We will draw from fundamental theories, covering the four broad areas of consumer behaviour research: First, consumers in the marketplace, looking at consumer behaviour from a marketing perspective; second, consumers as individuals, covering areas such as perception, learning/memory , motivation, the self and personality; third, consumers as decision-makers, looking into theories and models of individual decision-making; and fourth, consumer groups, covering relevant theories from social psychology and cultural research.
Consumer behaviour research goes beyond the study of what and why we buy; it also takes into consideration how marketers influence consumers and how consumers use the products and services marketers sell. A comprehensive understanding of the consumer is the foundation of all major marketing activities, namely product development, price and distribution strategies, and all marketing communications, and of any market research and analysis activities. More specifically, understanding perceptions, motivations, learning, attitudes, experiences, cultures and behavior of consumers has implications for marketing that go beyond choosing the right brand name or color of an advertisement.
Therefore, we will extend on the underlying theories of consumer behaviour and develop a basic theoretical understanding of marketing. A selection of basic marketing terms, principles and theories will supplement the syllabus. Moreover, we will touch upon the digital consumer and the relatively young and under-researched phenomenon of social media, where the consumer not only interacts with the company but also with other consumers. Implications of current consumer behaviour research will be derived and discussed for the practice of marketing. |
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Teaching methods | ||||||||||||||||||||||
This course is offered as a blended learning course. This means, lecturing will mostly take place in the classroom, and exercises will mostly take place online. Exercises will follow a schedule and will include individual and group work where students are asked to work with the concepts, theories and constructs of the course to revise past lectures and prepare subsequent lectures. For the exercises, students will work with audio, video, text and other media formats. Students will have to sign up for exercise groups at the beginning of the semester. The exercise schedule will be available on Learn at the beginning of the semester. | ||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||
Students will receive feedback online or during the lectures in written or oral format. | ||||||||||||||||||||||
Student workload | ||||||||||||||||||||||
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Expected literature | ||||||||||||||||||||||
Mandatory:
Specific reading instructions will be given at the beginning of the course. |