Monthly Archives: November 2014

The Economic Organization of the Household


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.

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Someone wrote me about being in a marriage that was less than stellar. Here is my response… Thank you for taking the time to watch my video! If you haven’t…
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