list of economic activity done by family
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FAMILIES ECONIMICS:: IT APPILIES ECONOMIC CONCEPTS SUCH AS PRODUCTION , DIVISION OF LABOUR , DISTRIBUTION AND DECISION MAKING TO THE STUDY OF FAMILY .IT TRIES TO EXPLAIN OUTCOMES UNIQUE TO FAMILY SUCH as MARRIAGE , THE DICISION TO HAVE CHILDREN,FERTILITY ,POLYGAMY ,TIME DEVOTED TO DOMESTIC PRODUCTION AND DOWRY PAYMENTS USING ECONOMIC ANALYSIS .
THE FAMILY ALTHOUGH RECOGNISE AS FUNFAMENTAL FROM ADAM SMITH ON WARD RECEIVES LITTLEE SYSTEMATIC TREATMENT IN ECONOMICS BEFORE 1960S . IMPORTANT EXEPTIONS ARE "THOMAS ROBERT MALTHUS " MODEL OF POPULATION GROWTH AND FRIEDRICH ENGELS .
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