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The Economic Organization of the Household
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The Economic Organization of the Household

2 Revised edition

Book Details

Format Hardback or Cased Book
ISBN-10 0521801419
ISBN-13 9780521801416
Edition 2 Revised edition
Publisher Cambridge University Press
Imprint Cambridge University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 19th, 2005
Print length 352 Pages
Weight 591 grams
Dimensions 23.50 x 15.50 x 2.30 cms
Product Classification: Economics
Ksh 12,950.00
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Surveys the field of the economics of the household including economic explanations of demand and expenditures, consumption and saving, how and why people spend their time the way they do working in the market, in the home and in leisure activities, their investments in education and health, marriage and divorce.
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 then 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. For those with calculus, mathematical endnotes provide the models on which the text discussions are based and interesting applications beyond the scope of the text.

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