BECON1201•Microeconomics CHAPTER1BasicConcepts FaizahBtShahudinFacultyofBusinessManagement&GlobalizationTel:60383178833(Ext8125)Email:faizah@leadership.edu.my http://faizah08.googlepages.com IntrotoModuleBECON0201 •FAIZAHSHAHUDIN•AssessmentTutorialQuizIndividualAssignmentMidtermTestFinalExam :::10%10%20%20...
2.5.11 Bandwagon Effect Popularly known as the "cromo effect", the bandwagon effect is a phenomenon often witnessed in the realm of microeconomics. Well-documented in behavioural science, it exemplifies the desire of individuals to buy a product in order to conform to the peo- ple they ...
It can be reflected in the engineering curriculum, since most industrial engineering courses in colleges and universities include management, statistics, microeconomics, marketing, etc. Some industrial engineering majors also belong to the management department, which reflect their management characteristics. ...