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Household economics


Household economics covers the economic analysis of all decisions made by households. The microeconomic foundations of household economics were pioneered by the founders of the New Home Economics (NHE), Gary Becker and Jacob Mincer. All family economics is included in household economics and Becker's Treatise on the Family is therefore a major contribution to both fields. Topics covered include:

The methods of analyses include market analyses, cost–benefit analyses, experimental analysis, and intra-household bargaining theories.



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Wikipedia

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