Economics is a study of man in the ordinary business of life. It enquires how he gets his income and how he uses it. Thus, it is on the one side, the study of wealth and on the other and more important side, a part of the study of man.
In developed countries, an increase in the average age of the gravida has been documented. The mean age of primiparous women in Austria rose from 25 years in 1991 to 28 years in 2008. In Germany in 2006, most gravidas were between the ages of 30 and 34 years whereas in the 1970s, most babies were born to women aged 20â24 years.
As a segment of the population, grandparents outnumber African Americans or Hispanic Americans. And you're not whiling away your hours in rocking chairs. Far from it: The average age of first-time grandmothers in the United States is 50; for first-time grandpas, the average age is 54.Overall, 54 percent of grandparents (a total of 38 million) are younger than 65. By 2010, half of all grandparents will be Baby Boomers.nd you're not whiling away your hours in rocking chairs. Far from it: The average age of first-time grandmothers in the United States is 50; for first-time grandpas, the average age is 54. Overall, 54 percent of grandparents (a total of 38 million) are younger than 65.