Brief introduction to Consumer economics


HC Karisa

The entry of the girls beginning to enter the labor pool leads to consumer economics, which gained attention and received important contributions from economic theorists. Consumer economics is a branch of economics. It is a broad field, principally concerned with microeconomic analysis behavior in units of consumers, families, or individuals (in contrast to traditional economics, which primarily is government or business units). It sometimes also encompasses family financial planning and policy analysis. The term largely describes what was more commonly called "home economics" in the past. The effect of consumer economics on the economy is another field of study in economics that needs to be known well by the related population to take the major advances in the agricultural as well as the marketing field


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