University of Exeter

SCHOOL OF PSYCHOLOGY


PSY6034 Foundations and Frontiers of Economic Psychology: Introduction to Economic Psychology

Family economic psychology


Basic Reading

Additional material

1 Economic accounts of the family and the utility of children

2. Money management in the household

* Both these articles are summarised in

3. Decision-making

Questions for discussion

  1. What remains hidden when the household is treated as a unit of economic analysis?
  2. Why might money be a focus for disagreement within the family?
  3. What light can economic psychology shed on the new economic problems that families may face in the future e.g children being financially dependent well into their twenties, increasing levels of insurance to cover medical costs?
  4. Is it useful to treat the family as though it were an organisation?
  5. Is gender really the key to understanding economic behaviour in the family?
  6. Why don't couples take account of the risks of divorce in their financial planning?


Carole Burgoyne,  Stephen Lea, Paul Webley
University of Exeter
School of Psychology
Washington Singer Laboratories
Exeter EX4 4QG
United Kingdom
Tel +44 1392 264626
Fax +44 1392 264623

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Document revised 8th November 2000 (PW)