MICROECONOMIC ASPECTS OF THE FREE TIME

Stanka Rinkova
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Stanka Rinkova: SOUTHWESTERN UNIVERSITY ”NEOFIT RILSKI”, BLAGOEVGRAD

Economics and Management, 2006, vol. 2, issue 3, 33-37

Abstract: The free time is a part of the time that a person needs to reproduce his/her work power. The increase of the productivity of the labor in society leads to the increase of the free time. The efficient use of the free time for different purposes (consummation, tourism, social activities etc.) is a factor for the increase of the quality characteristics of the human resources. The principles of the microeconomics are used in the article in order to be analyzes the essentiality of the free time.

Keywords: free time; human resources; work income; consumer’s choice; the effect of the substitution; the effect of free time (search for similar items in EconPapers)
Date: 2006
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