Essays on Different Economic and Social Factors Which Have Resulted in the Change in Purchasing Habits Coursework

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The paper "Different Economic and Social Factors Which Have Resulted in the Change in Purchasing Habits " is a great example of macro & microeconomic coursework.   The change in the pattern of consumption towards unhealthy food which results in obesity is an area of concern for Australia. The change in the attitude and perception of people towards food habits has been impacted by different factors which include social and economic factors. This essay will look at evaluating the different economic and social factors which have resulted in the change in purchasing habits and will also look into the manner fat tax and other methods will help to bring a change in consumption style.

This will help to develop and identify different variables through which obesity can be controlled. One of the most important economic determinants which have resulted in obesity is the cost and income. The development of technology and readily available food at lower cost has increased the consumption of food as people have started to overfeed themselves. This is matched by the quality of the food which is consumed as the food has different determinants that add towards obesity.

The growth in the economy has fuelled a scenario where increasing income has increased consumption and made people consume more food (Goodman, Lovejoy & Sherrant, 2007). This has thereby resulted in the growth of obese people. One economic factor in culmination with another has increased the level of risk by multiplying obesity and has provided more fast-food restaurants to crop up. This has provided people with more opportunities and consume those food has resulted in multiplying obesity. Some of the social factors have also impacted the manner in which people consume food.

The social class has a role in determining the dietary habits of people. People who are rich consume fruits and healthy food compared to others who don’ t have the privilege to purchase those. This has an impact on the health of people leading to obesity. In addition to it, cultural influence also shapes the eating habits of people. The cultural influence has made people eat more and more fast and readily available items that have a higher percentage of fats like burgers and pizza (Bell & Hollows, 2005).

References

Bell, D & Hollows, J (2005). Ordinary lifestyles: Popular media, consumption and taste. Maiden, England, Open University Press.

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Dahlman, C. J. and A. Utz (2005), India and the Knowledge Economy: Leveraging Strengths and Opportunities, World Bank, Washington, D.C..

Goodman J, Lovejoy, P E & Sherrant A (2007). Consuming habits: global and historical perspectives on how cultures define drugs. London, Rouledge

Gruen, D., Plumb, M. and Stone, A. (2005). How Should Monetary Policy Respond to Asset Price Bubbles? Reserve Bank of Australia Research Discussion Paper no 2003-11

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Schnitter J (2004) Education and the changing shape of the income gradient in health. Journal of health and social behaviour, 45 (3) 286-305

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