FHCE 2100 Lecture Notes - Lecture 3: Home Equity, Real Income, Human Capital

• School: University of Georgia
• Department: Financial Planning, Housing and Consumer Economics
• Course: FHCE 2100
• Professor: Dr.Kabaci

Document Summary

Works at the bank up for a promotion. Freelance writer not stable job, writes and sends some articles out, keeps getting rejection letters. We will examine the issues from different economic perspectives: macro, micro. Relevant to all american families or the typical american family. Used for examining trends over time or current status of families: cohabitation, marriage. The state of living together and having a asexual relationship without being marries. 3,255,000 couples have at least 1 biological child of either partner. More likely to marry within 3 years of moving in together. May use different, more efficient money management systems, such as pooling their resources (strategy) Cohabitation more common among those who have less education (high school vs college educated) High school benefit the least in cohabitation. Married couples, couples living together, people who are not living with someone of opposite sex (homogenous only)