THE ECONOMIC ORGANIZATION OF THE HOUSEHOLD
Studies family behavior and family outcomes using an economic framework. Covers theoretical models of consumption, fertility, household production, time allocation, and household formation. Knowledge of microeconomic theory [such as ECON 301 ] recommended.
Prerequisites & course information
Requisites: Graduate/professional standing Course Designation: Grad 50% - Counts toward 50% graduate coursework requirement Repeatable for Credit: No Last Taught: Fall 2026 Learning Outcomes: 1. Explain the theory of household formation and dissolution, labor supply, and child investment from a utility maximizing framework Audience: Graduate 2. Demonstrate how households make consumption and investment decisions across time using a two period model Audience: Graduate 3. Identify and critically analyze how public policy affects families, particularly policies focused on children, the labor market, and marriage Audience: Graduate Learning Outcomes: 1. Explain the theory of household formation and dissolution, labor supply, and child investment from a utility maximizing framework Audience: Graduate 2. Demonstrate how households make consumption and investment decisions across time using a two period model Audience: Graduate 3. Identify and critically analyze how public policy affects families, particularly policies focused on children, the labor market, and marriage Audience: Graduate
Sources
- Course catalogue ↗2026-2027