The Economic Organization of the Household

ISBN-13: 9780521805278 / Angielski / Miękka / 2005 / 354 str.

W. Keith Bryant; Cathleen D. Zick

Opis

Surveying the field of the economics of the household, the second edition of this text reviews the theory of the consumer at the intermediate undergraduate level. It applies and extends it to consumer demand and expenditures, consumption and saving, time allocation among market work, home work, and leisure, human capital emphasizing investment in education, children and health, fertility, marriage, and divorce. Influenced by Gary Becker and his associates, the models developed are used to help explain modern U.S. trends in family behavior. Topics are discussed with the aid of geometry and a little algebra.

Spis treści

1. Introduction; 2. Household equilibrium; 3. The analysis of consumer demand; 4. Consumption and saving; 5. Work and leisure: how the household spends its time; 6. Human capital: investing in oneself and one's family; 7. The economics of fertility; 8. The economics of marriage and divorce.