The Economics of the Family: How the Household Affects Markets and Economic Growth, 1st Edition

  • Esther Redmount
  • Published By:
  • ISBN-10: 1440800561
  • ISBN-13: 9781440800566
  • Grade Level Range: 9th Grade - 12th Grade
  • 488 Pages | eBook
  • Original Copyright 2015 | Published/Released December 2015
  • This publication's content originally published in print form: 2015
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This timely compilation of essays examines the paradigm of family in the 21st century, delving into co-habitation, marriage, and divorce; the effects of modern family units on work and consumption; and the ramifications of life choices on economic growth and stability. The text ponders highly personal yet societal topics, such as who lives with whom and why; the reasons for low birth rates among highly educated, high-income women; and strategies busy parents use to balance career, parenthood, and personal life. Volume I explores the various profiles of families today, covering multi- or single-generational, single or dual parent, and same- or opposite-sex couples. Volume II considers how time and money are shared among family members and what impact this distribution of resources has on occupations, technology, and markets. The text scrutinizes the factors that drive family formation and dissolution, control population in countries all over the world, and contribute to a family's well-being and fortitude.