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(2021) Economic Analysis of “Sales” (Oxford Diploma)

 

 

Description

THIS COURSE IS CURRENT AS AT 4th January 2021

The course features a WORKBOOK.

Black Friday Economics appears to be like on the Economics behind Black Friday – but additionally the Ethics.

We have a look at:

1. Black Friday historical past

2. Pricing coverage – not simply ‘sale value; however the methods inside the methods!

3. Black Friday ‘traps’

4. The psychology behind offers – you’re welcome to share your individual private experiences!

5. Violence

6. Retailers’ methods – is the underside line merely to realize extra income?

7. Guilt – only one occasion or a number of?

8. Behavioral Economics

8. Alternate options

Very present.

The course is bolstered with movie clips, research, current newspaper articles and examples. We additionally look Cyber Monday. Black Friday may be very quickly – what you be taught right here, what you think about – and any discussions you participate in, may affect your habits[

What will YOU be doing on Black Friday/Cyber Monday/ Green Monday?

The material on this course covers responses to ALL sales – cyber and High Street – and we look at the history, the strategies and the results. Some of this may make uncomfortable viewing – especially if you have queued all night only to find the price reduction was on ONE item only! In terms of ethics, of course we look at the ethics of the marketing but also is the consumer (yes, the one who pushes to the front of the queue, hurdles barriers, fights other consumers to get the ‘super sale’ TV, – blameless?

Who this course is for:

  • Students who see Black Friday promotions anywhere
  • Students studying Business, Economics or Philosophy and Ethics
  • Students who work in the retail sector
  • Students who have lost their job and are now unemployed

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