Sunday, April 20, 2008

Feminist Economics

While searching for a topic to write my blog about this week, I was struck by the title "Feminist Economics." I was curious as to why there was a need for an entire branch of economics just for females, but after doing a little research it is easy to see why.

To put it simply, this is the study of the relationship between feminism and economics in a society. The area points out that a country's GDP is not an accurate measurement as it cannot account for unpaid labor, mostly done be women. This can range from a stay-at-home mom in the United States to a water-gatherer and home-keeper in Bangladesh. Feminist economists have created models of many of the economic concepts we learn about, while accounting for added gender analysis in these models. They also propose that a nation's success is not measured in monetary quantity, but in a country's well-being; are the needs of its people being met?
They also focus on employment equity and ethical judgments. Not only do feminist economists study how gender affects an economy, but they also look into race, religion, and other categories of analysis.

I don't know if anyone else will find this interesting, but it caught my eye and I actually think it's pretty cool now.

Monday, April 7, 2008

Spring Break cont.

I am adding to this as I realized we didn't have to post that week, so I'll just add a little for this week's post.

Anyway, the economies of heavily trafficked areas would increase in the short run, but are not sustainable as the quantity of tourists buying stuff only lasts the season. Certain places that do profit from tourism will probably not profit at this time. People are looking for a place to sit back and relax on a beach, not trek all over mountains, etc. (for the most part).