ABSTRACT

This chapter discusses the story of feminist economics, its origins, central principles, main contributions, discourses, and emerging research agendas. It starts with the established approaches in the discipline—neo-classical economics and the primary heterodox alternatives of Marxian and institutional economics that provided the starting point of feminist critiques. The chapter focuses on contributions of feminist economics to the analysis of labor markets, non-market forms of labor such as unpaid family labor on market-oriented farms, and the dynamics of household relations. Feminist economics is not a distinct school of thought in economics, but rather represents the use of gender lens for doing economic analysis. Feminist research has also produced the criteria for the design of alternative macroeconomic policies to bring about broadly shared development. Economists' growing interest in using neoclassical economic analysis to understand the sphere of the household gave rise to New Household Economics.