Marriage
economics is a growing study which to some is only a virtual degree but to
others it has come to stay. It is the application of economics theories to
marriage in order to achieve maximum utility in marriage. Marriage is the
joining of a man and a woman in legal and spiritual union till death bid them
part.
At
creation, God desires that man should:
Live
a fruitful life
Live
a multiplying life
Live
a replenishing life
Live
a subduing life
Live
a life of dominion
Man
will never achieve all these lofty goals without marriage.
The
very first thought of marriage brings to fore our personal bias, subjectivity
or perhaps objectivity towards the subject matter. The words of hearsay,
families you have studied and everything you have learnt (the mistake you wish
to avoid, the fantasy you crave for, and the holistic etceteras that follows)
all guide us when making that single life changing decision.
The
book word is also replete with many stories, advice and wisdom about marriage
that reading through will take a man all his earthly life and yet maximizing
the benefits of marriage is strange to many and if not all. It has been said
that the best time to act is now and if you are thinking marriage, the best
time to get married is now. Though eloping is not the best but planned marriage
is worse. It also mean that the best time to prepare for today’s marriage is
yesterday and the best time to prepare for tomorrow’s marriage is now because
when your potential spouse arrives it is a little late to start preparing for
marriage. Lateness is not bad if only we are able to maximize our bliss on
earth and also attain a higher altitude in eternity through marriage.
A
dangerous stand is it to live without utilizing the talents deposited in us at birth
and worse if marriage does not help in achieving God’s goal in the partners’
lives.
Now
we discuss in-love feeling, which is the bedrock of some marriages and it has
been giving different names by different authors. The in-love feeling is
expected to drop on average of two years which is pretty a long time that many
got married and when they suddenly drop from their in-love mountain, some
divorce to remarry going through motions of marriage and remarriage till they
are wasted out of life and some just decide to wish away the ‘forever ever
after’ dream they have always had. To those in the latter category, choosing to
love is the best way to regain the ‘forever ever after’ dream that seem lost. The
in-love feeling is good and also a sufficient condition in marriage analysis as
long as we add reason to it and never allow it to determine the whole of our
marital life.
Love
is kind, patience, suffers long, boasts not, bears all things, hopes all things
and never fails and when you fall in love you must also know that you have also
decided to fall into patience, suffers long, boasts not, bears all things, hope
all things and never fails in your relationship. Therefore if you are married, remain
in love for the scriptures reads, is any married seek not divorce. Marriage
economies use economics theories to substantiate the necessary and sufficient
condition of marriage.
Marriage
Economics has the following sub-units:
·
Religious definition of marriage
·
Societal definition of marriage
·
Application of mathematical theories to marriage
·
Application of financial theories to marriage
·
Application of Economic theories to marriage
·
Impact of social factors on (divorce rate,
education, LGBT) on marriage
·
The dichotomy of monogamy, polygamy and
polyandry
·
Demand and supply of marriage and equilibrium
condition of marriage
·
The cost benefit analysis of marriage