The Economics of Household Consumption Author:Frances M. Magrabi, Young Sook Chung, Cha, Se-Jeong Yang This book provides an overview of concepts, theories, and methods related to the study of household consumption. It summarizes the most recent data on consumption patterns and trends, together with factors that influence consumption--population trends, prices, and distribution of resources--and examines how consumption data are used by business,... more » government, and other organizations. The purpose of the work is to give the student an understanding of household consumption patterns, including recent trends in household consumption in the United States, consumption patterns and problems in rich and poor countries, and applications to questions of public policy.« less