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Statements

Subject Item
n2:RIV%2F70883521%3A28120%2F12%3A43868065%21RIV13-MSM-28120___
rdf:type
n13:Vysledek skos:Concept
dcterms:description
This paper explores economic interaction of the three variables: goods on the market, household production and leisure. All three indicators could be understood from the perspective of microeconomic or macroeconomic theory. The financial crisis currently points to the growing trend of household production it means %22Do it yourself%22. These products have the character of grey economy i.e. leaks out of the market place. This development could be derived by decline of the product economy, while each consumer (household) is facing enormous marketing pressure and speed of development of ICT and communication technologies without them many people could already not imagine their life. This trend was assessed on a randomly selected sample of students in bachelor's degree at the Tomas Bata University in Zlín. Each student has their own financial expenses (for market products and leisure) to secure their standard of living. Everything above their personal wealth they must produce themselves or be provided by relatives. Outcome of this work is the incorporation of household production to the classic microeconomic model of the consumers production function between original two variables - work and leisure. Sum up amount of market goods, “Do It Yourself” products and leisure we can determine a minimum financial threshold for the entrance of Czech students to the labour market. This paper explores economic interaction of the three variables: goods on the market, household production and leisure. All three indicators could be understood from the perspective of microeconomic or macroeconomic theory. The financial crisis currently points to the growing trend of household production it means %22Do it yourself%22. These products have the character of grey economy i.e. leaks out of the market place. This development could be derived by decline of the product economy, while each consumer (household) is facing enormous marketing pressure and speed of development of ICT and communication technologies without them many people could already not imagine their life. This trend was assessed on a randomly selected sample of students in bachelor's degree at the Tomas Bata University in Zlín. Each student has their own financial expenses (for market products and leisure) to secure their standard of living. Everything above their personal wealth they must produce themselves or be provided by relatives. Outcome of this work is the incorporation of household production to the classic microeconomic model of the consumers production function between original two variables - work and leisure. Sum up amount of market goods, “Do It Yourself” products and leisure we can determine a minimum financial threshold for the entrance of Czech students to the labour market.
dcterms:title
Consumer Behavior of Students in the Terms of the Czech Republic; Decision on Individual Labour Supply with Respect to the Home Production Consumer Behavior of Students in the Terms of the Czech Republic; Decision on Individual Labour Supply with Respect to the Home Production
skos:prefLabel
Consumer Behavior of Students in the Terms of the Czech Republic; Decision on Individual Labour Supply with Respect to the Home Production Consumer Behavior of Students in the Terms of the Czech Republic; Decision on Individual Labour Supply with Respect to the Home Production
skos:notation
RIV/70883521:28120/12:43868065!RIV13-MSM-28120___
n13:predkladatel
n15:orjk%3A28120
n3:aktivita
n10:V
n3:aktivity
V
n3:dodaniDat
n4:2013
n3:domaciTvurceVysledku
n17:7262191
n3:druhVysledku
n20:D
n3:duvernostUdaju
n12:S
n3:entitaPredkladatele
n14:predkladatel
n3:idSjednocenehoVysledku
128545
n3:idVysledku
RIV/70883521:28120/12:43868065
n3:jazykVysledku
n6:eng
n3:klicovaSlova
financial standard; individual labour supply; home production; leisure; work
n3:klicoveSlovo
n7:leisure n7:individual%20labour%20supply n7:home%20production n7:financial%20standard n7:work
n3:kontrolniKodProRIV
[E6B624555FA1]
n3:mistoKonaniAkce
Žilina
n3:mistoVydani
Žilina
n3:nazevZdroje
Proceedings of the Electronic International Interdisciplinary Conference 2012
n3:obor
n21:AE
n3:pocetDomacichTvurcuVysledku
1
n3:pocetTvurcuVysledku
1
n3:rokUplatneniVysledku
n4:2012
n3:tvurceVysledku
Horáková, Monika
n3:typAkce
n19:WRD
n3:zahajeniAkce
2012-09-03+02:00
s:issn
1338-7871
s:numberOfPages
5
n9:hasPublisher
EDIS - vydavateľstvo Žilinskej univerzity
n16:isbn
978-80-554-0551-3
n18:organizacniJednotka
28120