Course Description
Students learn to formulate and deliver a well-informed point of view on emerging issues related to the economic life of the American family, with an emphasis on well-being and the drivers of well-being.
Additional Requirements for Graduate Students:
Graduate students will prepare an 8- to 10-page paper that
addresses an important phenomenon related to consumer well-being,
reviews the extant literature on the topic, identifies a gap in
that literature, and proposes a study to fill the identified gap
along with a discussion of the value of the project.
Athena Title
Consumer Well-Being
Equivalent Courses
Not open to students with credit in FHCE 4100S or FHCE 6100S
Prerequisite
(FHCE 2100 or FHCE 2100H or HACE 2100 or HACE 21000H) and (FHCE 3150 or FHCE 3150E or HACE 3150 or HACE 3150E)
Semester Course Offered
Offered fall and spring
Grading System
A - F (Traditional)
Course Objectives
- To articulate the work being done in the area of well-being and the different perspectives held from economic, sociological, and psychological perspectives - To evaluate the quality of information, research, and arguments being made on this subject today through a more holistic lens - To analyze a given situation or current event to identify opportunities to improve well-being - To define possible strategies for improving the economic life of a single household or for a community or society in general - To present and justify a POV to others who might be important in bringing your vision to life
Topical Outline
Course Overview Team Strengths The Status of the American Household Financial Wellness Financial Well-Being Financial Vulnerability Normative Views The Psychology of Scarcity The Drivers of Financial Wellness The Influence of Structural Factors (Policy, Choice Environments) The Role of Agency (Motivation, Personality, Behaviors) The Role of Financial Literacy (Knowledge, Skill, Self-Efficacy) Structuration Theory (How Structure and Agency Interact) Addressing Structural Challenges to Financial Wellness Addressing Agentic Challenges to Financial Wellness A Global View of Poverty
Syllabus