Households
“Households” by Susan Himmelweit, published by Open University in 1998, offers a detailed examination of households as institutions that operate both within and outside the market economy. This edition spans 282 pages and is presented in English. The book provides a critical introduction to the foundations of neo-classical theory, which is recognized as the dominant school of contemporary microeconomics.
Readers will find a comprehensive analysis that introduces a broader perspective on economic behavior, considering alternatives to neo-classical theory. The exploration of households in relation to capitalist or free market economies, as well as macroeconomics and microeconomics, enriches the discussion. This work aims to deepen the understanding of social institutions and their role in economic frameworks, making it a valuable resource for those interested in economic theory and its implications.
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Examines households as institutions that are both within and outside the market economy and provides a critical introduction to the foundations of neo-classical theory as the dominant school of contemporary microeconomics. The unit also introduces a wider approach to understanding economic behaviour which takes account of alternatives to neo-classical theory.
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