Individual Households and Firms 
Academic Article

Location and Availability
Oxford Academic: https://doi.org/10.1093/actrade/9780192853455.003.0007

 

Description
This resource describes households and firms through a broad, microeconomic point of view. The academic article defines households and firms as they relate to economic behaviors and decision-making. The description of households includes--but is not limited to--gender inequalities, insurance, and property rights. The description of firms explores limited liability and joint stock companies. 

Tips​

• Read the abstract.

• Because this is ECON102, is not necessary to read the subheadings unless you are curious. 

• Write down your own definitions of "household" and "firm" after reading.