MKTG 4500 DECODING MODERN MARKET STRUCTURES AND TRENDS HUB

Updated 8/20/2026

πŸ‘€ Basic Course Information and Best Ways to Reach Me

Course and Office Details

Course Meeting: Tuesdays/Thursdays 12:30–1:45 PM (PTB 140)

Office Location: PTB 232 (If on campus)

Instructor: Spencer Ross, Ph.D.

Email: spencer_ross@uml.edu

Canvas Course Section

Communication and Appointments

Best Way to Reach Me: Canvas Messaging (preferred)

Phone / Messaging: x45305, WhatsApp

Office Hours: Tuesdays/Thursdays 9:30–11:00 AM

πŸ“… Calendly Appointment

πŸ“Œ What’s This Course About and Learning Goals

The ethics of AI in marketing. The outcomes of increased online gambling on addiction. The cultural juggernaut that is Taylor Swift… Changes in society impact marketers’ situational analyses and inform their new strategies. But why? And moreso, how? This highly topical course is designed to get you understanding how societal events, trends, and issues directly relate to marketing.

This course takes place in three parts: first, we’ll be discussing and evaluating the relationship between markets and society, paying special attention to the United Nations Sustainable Development Goals (SDGs). Second, we’ll be analyzing and debating a series of societal topics as they relate to the way marketers might think. And finally, we’ll have some fun with cultural trends in societyβ€”how they become big and how marketers leverage them for good and for tacky. By the end of this course, you’ll have sharpened your critical thinking skills as a marketer, and be able to apply those skills to developing marketing strategy.

Share of Wallet Marketoonist Comic
β€œShare of Wallet: Splurging on anything to do with Taylor Swift or BeyoncΓ©.” Β© marketoonist.com

What should you be able to know after successfully completing this course?

GOAL 1: Benefits of staying current with societal issues & how the “real world” shapes strategic marketing.

  • Evaluate a series of topical macroenvironmental-level issues.
  • Analyze a macro-level issue in depth as it relates to market outcomes.
  • Demonstrate the joint effects of several macro-level issues on a business.

GOAL 2: Role and boundaries of the marketplace in positively impacting consumer & societal well-being.

  • Understand the role of government and policy on business as it applies to various societal levels.
  • Contrast systemic issues with structural issues to challenge the limits of marketplace impact.
  • Critique the role of institutions as they relate to how society “negotiates” macro-level issues.

GOAL 3: Importance of ethical reasoning in marketing strategy to address macro-level societal issues.

  • Consider and relate a variety of sustainable and ethical frameworks.
  • Develop ethical reasoning skills about marketplace impact on macro-level social issues (and vice versa).
  • Apply sustainable and ethical frameworks to marketing dilemmas.

GOAL 4: Multi-stakeholder complexity of societal issues that affect marketplace strategy.

  • Evaluate the differing needs of marketplace stakeholders within societal contexts and UN Sustainable Development Goals (SDGs).
  • Identify the potential societal impact of a firm that uses stakeholder marketing frameworks.
  • Imagine creative marketing solutions to macro-level societal issues.

GOAL 5: The market-shaping effect of consumer culture on marketing strategy.

  • Explain how consumer sociology and trends in consumer culture impact marketing decisions.
  • Assess how celebrity and institutional marketers have created and/or leveraged (pop) cultural trends.
  • Experiment with understanding how culture can influence marketing solutions to macro issues.
πŸ“– What Materials Will You Need to Be Successful?
Marketplace Dignity Book Cover

Marketplace Dignity

Lamberton, Saldanha, & Wein | Wharton School Press (~$22)
Recommended, though not required

πŸ“– View on Amazon

Topical Readings & News Sites

I’ll provide PDF background articles and links on Canvas weekly. As business students, you should routinely read business news sites (WSJ, FT, Bloomberg, Mashable, Business Insider) and come to class ready to share articles and events related to the day’s topics.

Student Responsibility: You will also be responsible for bringing your own readings, links, or clips to class for discussion.

Canvas Logo

CANVAS Platform

Links, weekly readings, assignment submissions, discussions, and gradebook updates will all be posted here.

πŸ“Š How Will You Be Evaluated?

Summary Breakdown

  • Market Dynamics Journals (11 @ 3%): 33%
  • Course Engagement: 20%
  • Manning BeHub Research Credits: 2%
  • Hackathon Sprint (One graded presentation): 15%
  • Grand Hackathon Sprint: 25%
  • Project Peer Evaluation (Online Link): 5%

Performance Scale

Excellent to Good:
94–100 = A | 90–<94 = A- | 87–<90 = B+ | 84–<87 = B

Satisfactory:
80–<84 = B- | 77–<80 = C+ | 74–<77 = C

Unsatisfactory / Passing:
70–<74 = C- | 67–<70 = D+ | 64–<67 = D | 60–<64 = D-

Failing: 0–<60 = F

POLICY: I WILL NOT ROUND FINAL GRADES. (Unless I’ve erred in calculation, do not ask for your 89.99999 to be an A-.) All assigned work will be graded based on guidelines provided. Late work will not be graded and instead, will be given an automatic β€œzero” (0) grade.

πŸ“ What’s Being Evaluated? (Extended Assignment Descriptions)

INDIVIDUAL WORK (55%)

Market Dynamics Journals (11 @ 3% = 33%)

Most weeks, you’ll write a weekly reflection evaluating sociocultural market changes reflected in your personal or professional life. Provide real-world marketing news examples and apply theories/frameworks presented in class to elaborate on why they matter to marketing managers. You may pick new topics weekly or track a developing story as it unfolds.

The point of these journals is to keep you current on market contexts, relate topical marketplace issues to your life and career, and hone your critical thinking skills over time.

πŸ“€ Submit Journal Entries on Canvas

Course Engagement (20%)

Course engagement is graded on active participation and high-quality contributionsβ€”not mere attendance. You are expected to actively engage in class discussions, exercises, and Canvas discussions. Course engagement is evaluated as: (in-class participation + outside-class Canvas) * (volume) * (quality).

We aim to maintain a supportive, respectful environment across diverse lived experiences. Attendance alone will not earn a full 20% engagement grade (e.g., perfect attendance with zero participation yields closer to 80%, whereas lower attendance with exceptional participation yields closer to 70%).

The point of engagement is to foster communication and collaboration skills while critically analyzing course material inside and outside of lecture.

Manning BeHub Research Credits (2%)

You must complete at least 2.0 credits of Manning BeHub research studies (or request an alternative assignment). 2.0 credits equals approximately 2–4 studies (1.0 credit = 1% of course grade). Studies usually take 10–20 minutes. Up to 2.0 additional credits beyond requirement can be earned as extra credit.

Participating helps faculty generate knowledge while giving you firsthand experience with business research methodologies.

TEAM WORK (45%)

Hackathon Sprints (15%)

Working in small teams of 3–4, you will tackle a snap “client” scenario. You’ll have 20 minutes to synthesize readings and theories to develop actionable solutions. At the end of sprint time, one group will be selected at random to deliver a 5–7 minute presentation and lead a Q&A discussion. One sprint presentation will be formally evaluated for your grade.

The point of these sprints is to evaluate your critical reasoning skills, ability to synthesize new material quickly, and collaborative problem-solving abilities.

Grand Hackathon Sprint (25%)

The course culminates in an integrative Grand Hackathon. Teams will develop a complete situational analysis and impact solution, complete with strategic and tactical executions. All teams will present during the final week.

The Grand Hackathon showcases your integrative understanding of how societal pressures affect marketplace strategy, teamwork, and communication skills.

Online Peer Evaluation (5%)

A Qualtrics link will be sent out during the last week of class. Failure to complete the form by the deadline (Dec 11, 11:59 PM) results in an automatic zero score for your peer evaluation grade. If you can’t be bothered to evaluate your peers, I won’t calculate your score!

πŸ”— Open Peer Evaluation (URL TBA)

πŸ“‹ Course Policies Link

For general Terms and Conditions of the course, please visit my course policies page.

πŸ—“οΈ Tentative Class and Assignment Schedule (Sub-Toggled by Month)

Red tags indicate individual deliverables due. Purple tags indicate team project deliverables due. Click monthly headings to expand/collapse.

πŸ“… September 2026 (Part I: Markets, Policy, & AI Ethics)

TUESDAY, SEP 1

Course Introduction

Course expectations and team building icebreaker.

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, SEP 3

SDGs, Dignity, and the Marketplace

Social responsibility of business and how different business models elevate it.

πŸ“₯ Slides: Upload (.pptx)

TUESDAY, SEP 8

Market Formation and Shaping

What is market shaping and how are market dynamics created?

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, SEP 10

Trends and Situational Analysis

Considering the dynamic interface between market demands and global/local policy.

πŸ“Œ DUE: Journal 1

πŸ“₯ Slides: Upload (.pptx)

TUESDAY, SEP 15

PRACTICE HACKATHON SPRINT 1

Team formation & Situational Analysis practice sprint.

πŸ‘₯ TEAM FORMATION

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, SEP 17

AI Ethics and Responsible AI

Issues involved with AI model training, bias, and output.

πŸ“Œ DUE: Journal 2

πŸ“₯ Slides: Upload (.pptx)

TUESDAY, SEP 22

HACKATHON SPRINT 2 β€” AI

Live sprint focusing on AI ethics and responsible implementation.

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, SEP 24

Climate Change and Demarketing

Can the world sustain infinite growth? Can consumers fix it?

πŸ“Œ DUE: Journal 3

πŸ“₯ Slides: Upload (.pptx)

πŸ“… October 2026 (Part II: Brand Activism, Inclusion, & Maladaptive Markets)

TUESDAY, SEP 29

HACKATHON SPRINT 3 β€” Sustainability

Sprint focused on environmental sustainability strategy.

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, OCT 1

Consumer Resistance & Brand Activism

What is β€œmarketing with purpose” and why do consumers advocate for change?

πŸ“Œ DUE: Journal 4

πŸ“₯ Slides: Upload (.pptx)

TUESDAY, OCT 6

HACKATHON SPRINT 4 β€” Brand Activism

Sprint focused on brand positioning and purpose execution.

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, OCT 8

TBD: You Pick Topic

Student-selected emerging market trend discussion.

πŸ“Œ DUE: Journal 5

πŸ“₯ Slides: Upload (.pptx)

OCT 13 – MONDAY SCHEDULE

NO MARKETS CLASS

No class meeting today due to Monday schedule day.

THURSDAY, OCT 15

Marketplace Discrimination & Inclusion

How are consumer identities included/excluded from marketplace strategy?

πŸ“₯ Slides: Upload (.pptx)

TUESDAY, OCT 20

HACKATHON SPRINT 5 β€” Discrimination

Sprint focused on inclusive market structures and access.

πŸ“Œ DUE: Journal 6

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, OCT 22

Maladaptive Consumption & Health

Market impact of prediction markets, cannabis, gambling, weight loss.

πŸ“₯ Slides: Upload (.pptx)

TUESDAY, OCT 27

HACKATHON SPRINT 6 β€” Maladaptive Markets

Sprint focused on addictive/maladaptive market interventions.

πŸ“Œ DUE: Journal 7

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, OCT 29

Consumer Financial Decision Making

What is β€œmoney?” How money affects choice for groceries, retirement, investing.

πŸ“₯ Slides: Upload (.pptx)

πŸ“… November 2026 (Part III: Finances, Healthcare, & Global Inequity)

TUESDAY, NOV 3

HACKATHON SPRINT 7 β€” Consumer Finances

Sprint focused on financial decision making and consumer well-being.

πŸ“Œ DUE: Journal 8

πŸ“₯ Slides: Upload (.pptx)

NOV 5 β€” ETHICSFEST

ETHICSFEST SESSION

Special event at Meehan Student Center (TBA).

πŸ“₯ Materials: Upload (.pptx)

TUESDAY, NOV 10

Healthcare & Medical Decision-Making

If healthcare is run as a business, how are decisions made to improve patient outcomes?

πŸ“Œ DUE: Journal 9

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, NOV 12

HACKATHON SPRINT 8 β€” Healthcare

Sprint focused on healthcare delivery and marketing strategy.

πŸ“₯ Slides: Upload (.pptx)

TUESDAY, NOV 17

TBD: YOU PICK TOPIC

Discussion on second student-selected topical market issue.

πŸ“Œ DUE: Journal 10

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, NOV 19

HACKATHON SPRINT 9 β€” You Pick

Sprint based on the selected “You Pick” topic.

πŸ“₯ Slides: Upload (.pptx)

NOV 24 – THANKSGIVING

NO CLASS

Thanksgiving Recess.

NOV 26 – THANKSGIVING

NO CLASS

Thanksgiving Holiday.

πŸ“… December 2026 (Grand Hackathon & Final Evaluation)

TUESDAY, DEC 1

Coffee, Subsistence Markets & Global Inequity

How can global markets become more equitable in the face of income disparity?

πŸ“₯ Slides: Upload (.pptx)

THURSDAY, DEC 3

HACKATHON SPRINT 10 β€” Global Inequity

Final regular sprint session on subsistence marketplaces.

πŸ“Œ DUE: Journal 11

πŸ“₯ Slides: Upload (.pptx)

TUESDAY, DEC 8

GRAND HACKATHON

Culminating team presentations and Q&A evaluation.

πŸ“Œ GRAND HACKATHON PRESENTATIONS

πŸ“Œ DUE: BeHub Research Credits

THURSDAY, DEC 10

GRAND HACKATHON (MAKEUP DATE)

Backup date for Grand Hackathon presentations.

πŸ“Œ DUE Dec 11: Peer Eval (11:59 PM)

(UPDATED 1/15/2026)

Best Ways to Reach Me

Basic Course Information

Table of Contents

What’s this course about?

The ethics of AI in marketing. The outcomes of increased online gambling on addiction. The cultural juggernaut that is Taylor Swift… Changes in society impact marketers’ situational analyses and inform their new strategies. But why? And moreso, how? This highly topical course is designed to get you understanding how societal events, trends, and issues directly relate to marketing. This course takes place in three parts: first, we’ll be discussing and evaluating the relationship between markets and society, paying special attention on the United Nations Sustainable Development Goals (SDGs). Second, we’ll be analyzing and debating a series of societal topics as they relate to the way marketers might think. And finally, we’ll have some fun with cultural trends in society– how they become big and how marketers leverage them for good and for tacky. By the end of this course, you’ll have sharpened your critical thinking skills as a marketer, and be able to apply those skills to developing marketing strategy.

What should you be able to know after successfully completing this course?

GOALSOBJECTIVES
You’ll know/understand:You’ll be able to:
The benefits of staying current with societal issues and events and how the β€œreal world” shapes strategic thinking in marketing.Evaluate a series of topical macroenvironmental level issues.
Analyze a macro level issue in depth, as it relates to market outcomes.
Demonstrate the joint effects of several macro level issues on a business.
The role and boundaries of the marketplace, relative to other institutions, in positively impacting consumer and societal well-being.Understand role of government and policy on business, as it applies to various societal levels.
Contrast systemic issues with structural issues to challenge the limits of marketplace impact.
Critique the role of institutions as they relate to how society β€œnegotiates” macro level issues.
The importance of ethical reasoning in marketing strategy to address macro level societal issues.Consider and relate a variety of sustainable and ethical frameworks.
Develop ethical reasoning skills about marketplace impact on macro level social issues (and vice versa).
Apply sustainable and ethical frameworks to marketing dilemmas.
The multi-stakeholder complexity of societal issues that affect the marketplace and impact marketing strategy.Evaluate the differing needs of marketplace stakeholders within different societal contexts and issues and UN Sustainable Development Goals (SDGs).
Identify the potential societal impact of a firm that uses stakeholder marketing frameworks.
Imagine creative marketing solutions to macro level societal issues.
The market-shaping effect of consumer culture on marketing strategy.Explain how consumer sociology and trends in consumer culture impact marketing decisions.
Assess how celebrity and institutional marketers have created and/or leveraged (pop) cultural trends.
Experiment with understanding how culture can influence marketing solutions to macro issues.

Click to jump to top

What materials will you need to be successful in this course?

Readings

Marketplace Dignity: Transforming How We Engage with Customers Across Their Journey, Wharton School Press, $22 (recommended, though not required)

I’ll also provide you with some PDFs and/or links to relevant articles for background.

As business students, you should naturally be visiting business related news sites (e.g., WSJ, FT, Bloomberg, Mashable, Business Insider) and coming to each class ready to share articles and events relating to the topics of the day.

As this course is designed to be topically relevant, readings will be posted on Canvas (see below) the week before the planned topic. You’ll also be responsible for bringing your own readings/links/clips to class.

CANVAS

I’ll post links and readings here, as well as assignment submissions here, the gradebook will be here, etc.

Click to jump to top

How will you be evaluated?

Summary (Points)

Assignment % Contribution to Course Grade
Market Dynamics Journals (11 @ 3%) 33
Course Engagement 20
Manning BeHub Research Credits 2
Hackathon Sprint (one graded) 15
Grand Hackathon Sprint 25
Project Peer Evaluation (online link) 5

Performance Scale (Points)

Excellent to GoodSatisfactoryUnsatisfactory but PassingFailing
94 – 100 = A
90 – < 94 = A-
87 – < 90 = B+
84 – < 87 = B
80 – < 84 = B-
77 – < 80 = C+
74 – < 77 = C
70 – < 74 = C-
67 – < 70 = D+
64 – < 67 = D
60 – < 64 = D-
0 – < 60 = F
I WILL NOT ROUND FINAL GRADES. (Unless I’ve erred in calculation, do not ask for your 89.99999 to be an A-.) All assigned work will be graded based on guidelines provided. Late work will not be graded and instead, will be given an automatic β€œzero” (0) grade.

Click to jump to top

What’s being evaluated?

MARKET DYNAMICS Journals (11 @ 3% = 33%)

Most weeks, you’ll be writing a weekly reflection on which you’ll have to evaluate sociocultural market changes as reflected in your lives (personal and/or professional). You’ll be asked to provide examples of something marketing-related that’s going on in the news and use frameworks and theories presented in class to elaborate on why they’re relevant to what marketing managers are concerned about. You’re welcome to pick a different story to reflect on each week or to reflect on a developing story as it unfolds. The point of the market dynamics journals is to keep you current in your awareness of market contexts, to relate topical marketplace issues to your own lives and careers, and to hone your critical thinking skills over time.

Course Engagement (20%)

Communication skills are extremely important in marketing (after all, it’s one of the things we do!), which is why I grade course engagement on active participation and contribution, not mere class attendance (you’ll note I don’t have a formal attendance policy). I also expect everyone to actively engage in class discussions, any class exercises, and make quality contributions/discussions on Canvas. All of this counts as engagement. Therefore, course engagement is a function of: (in-class active participation + outside-class on Canvas)*(volume)*(quality).

Both inside and outside of classtime, I encourage us to work hard to create and maintain a supportive, respectful, and empathetic environment. There will be a diversity of valid, lived experiences coming to the table– especially as we discuss topical marketplace issues that may uniquely affect each of us. While I’ll help guide you, the class should be a thought lab to express your critical and analytical thinking, while also considering the valid backgrounds of others inside and outside of the class.

While you must be present in classes to be able to participate in them, I guarantee attendance alone will not earn a full 20% engagement mark (for example, attendance but no participation may earn closer to 80% while no attendance but a lot of participation may earn closer to 70%). Your involvement and participation are vital to the success of yours and your peers’ learning experiences; consistency and quality matter. I encourage actual, real discussion in and out of classtime. The point of course engagement is to foster communication and collaboration skills with peers, as well as to actively, critically engage the content, both inside and outside class lecture.

Manning BeHub (Behavioral Hub) Research Credits (2%)

You’re required to participate in at least 2.0 credits of Manning BeHub research studies (or, if you choose, see me for an alternative credit task) as part of your course grade. 2.0 credits is approximately 2-4 studies in a semester (1.0 credit = 1% of final course grade). Most studies take between 10-20 minutes per study. If you accumulate credits for my course in excess of the 2.0, up to an additional 2.0 credits may be awarded as extra course credit

Many studies will be online studies that can be done at home, though occasionally, in-person β€œlab” studies will be offered for credit or other incentives. I’ll send out announcements via Canvas to the class as the BeHub periodically announces new study availability. You may also direct BeHub questions to me as one of its co-administrators. Study availability may be ongoing through the semester. However, studies are usually only open for limited periods of time before they expire and are then unavailable for participating credit. Please make sure you participate in studies before they are closed. The point of participating in research studies is that these studies will help your professors (including me) generate knowledge and insight about business, as well as give you firsthand experience by going through the process of how business research is conducted.

HACKATHON Sprints (15%)

Most weeks, we’ll be addressing a particular societal topic with marketplace impact. For each of those weeks, one class will be spent discussing some background to the topic, analyzing the topic, and addressing its marketing impact through different lenses. The other class will have a “hackathon sprint.”

In small groups of approximately 3-4, I will give you a snap potential “client” scenario in class. You’ll have 20 minutes to use your critical readings on the topic and frameworks and theories presented in class to develop potential solutions to these real-world problems. Each week, at the end of the sprint time, one group will be selected at random to make a 5-7 min presentation of their solutions to the class. You’ll then lead the rest of the class in a Q&A on your solution. The point of these hackathons is to evaluate both your critical reasoning skills, your ability to synthesize new materials, and your ability to use these skills collaboratively.

GRAND HACKATHON SPRINT (25%)

The culmination of the course is a Grand Hackathon that will be even more complex and integrative. Teams will leverage what they are learning in class with developing a situational analysis and an impact solution, complete with strategic and tactical execution. All teams will present for the Grand Hackathon.

The point of the Grand Hackathon is to showcase written and oral communications skills, to work on interpersonal skills in a teamwork collaboration, and to demonstrate in an integrative fashion how societal pressures affect marketplace strategy and execution.

Online Peer Evaluation (5%)

A link to a rigorous online peer evaluation form will be distributed in the last week of class. Failure to submit the evaluation by the assigned date will be an automatic β€œ0” (zero) for your own evaluation score, as I use your peers’ scores to calculate your own evaluation grade. If you can’t be bothered to give your peers their scores, I won’t be bothered to calculate your score.

Click to jump to top

For general Terms and Conditions of the course, please visit my course policies page