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Consumer Expectations - Micro Foundations and Macro Impact (Paperback) Loot Price: R755
Discovery Miles 7 550
You Save: R189 (20%)
Consumer Expectations - Micro Foundations and Macro Impact (Paperback): Richard Thomas Curtin

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Consumer Expectations - Micro Foundations and Macro Impact (Paperback)

Richard Thomas Curtin

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List price R944 Loot Price R755 Discovery Miles 7 550 | Repayment Terms: R70 pm x 12* You Save R189 (20%)

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Richard Curtin has directed the University of Michigan's consumer sentiment surveys for more than four decades. His analyses of recent trends in consumer expectations are regularly covered in the worldwide press. In this book, Curtin presents a new theory of expectations. Whereas conventional theories presume that consumers play a passive role in the macro economy, simply reacting to current trends in incomes, prices, and interest rates, Curtin proposes a new empirically consistent theory. He argues that expectations are formed by an automatic process that utilizes conscious and nonconscious processes, passion and reason, information from public and private sources, and social networks. Consumers ultimately reach a decision that serves both the micro decision needs of individuals and reflects the common influence of the macro environment. Drawing on empirical observations, Curtin not only demonstrates the importance of consumer sentiment, but also how it can foreshadow the cyclical turning points in the economy.

General

Imprint: Cambridge UniversityPress
Country of origin: United Kingdom
Release date: February 2019
Authors: Richard Thomas Curtin
Dimensions: 228 x 152 x 20mm (L x W x T)
Format: Paperback - Trade
Pages: 360
ISBN-13: 978-0-521-18113-6
Categories: Promotions
Books > Business & Economics > Economics > Macroeconomics
Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Economics > Microeconomics
Books > Business & Economics > Economics > Microeconomics > General
Books > Social sciences > Psychology
Books > Social sciences > Psychology > General
Books > Social sciences > Sociology, social studies > Social institutions
Books > Social sciences > Sociology, social studies > Social institutions > General
Books > Business & Economics > Business & management > Sales & marketing > Market research
LSN: 0-521-18113-5
Barcode: 9780521181136

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