MBA / Marketing / discussion question / Macroeconomic effects impact consumers Custom Essay

    Macroeconomic effects impact consumers

    The given article “An Empirical Investigation of the Impact of Gasoline Prices on Grocery Shopping Behavior“

    implicates that gas-prices (macroeconomic) impact consumers total spending’s, which is in this specific case a

    ‚national’ focus.

    Discuss if other effects, like tax & dues and catastrophes, have similar effects to consumers behaviour

    (national and international). Check the structure of the expected answer (Discussion).
    Please limit your response to between 400-600 words, stay academic on high university level and include external

    references in support of your comments. Reference at least four to five peer viewed articles.

    Discussion:
    • Short reflection onto given article (gasoline prices and the impact to consumers)
    • Paragraph 1: discuss the effects of taxes and dues (macroeconomic effect of high tax versa low tax (national) →

    marketing approach → consumers behaviour)
    • Paragraph 2: discuss the effects of catastrophes (like hurricane, wars, oil spills, etc) → national AND

    international effects → marketing and consumers behaviour
    • Conclusion: macroeconomic effects proven: earthquake / Fukushima → national to international → macroeconomic

    aspect: In Germany the discussion about nuclear power leads to the governmental decision to close all of its

    nuclear power reactors/plants, later on also Switzerland → ‘green’ power → taxes and energy prices growing →

    consumer behaviour: reducing energy consumption, so different consumer behaviour.

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