Gary Stanley Becker, an American Economist and a Nobel Laureate

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  • Topic: Economics, Gary Becker, Human capital
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  • Published : April 30, 2010
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THIS ASSIGNMENT IS WRITTEN FOR:
PROF.ABDULLA
LECTURER’S NAME
VAISHNAVI GOPALAKRISHNAN
STUDENTS NAME
STUDENT ID 00114
MODULE * * : MANAGING ENVIRONMENT
TITLE * * : INDIVIDUAL ASSIGNMENT
*HAND-OUT-DATE : 06th* SEPTEMBER 2009
LECTURER * * : PROF. ABDULLA
HAND-IN-DATE : 09*th* NOVEMBER 2009
MASTER OF BUSINESS ADMINISTRATION COHORT 14 SEM 1
ASSIGNMENT DECLARATION FORM
I hereby declare that the attached assignment is my own work and understand that if I am suspected of plagiarism or another form of cheating; my work will be referred to the programmed director who may as a result recommend to the Faculty of business that my enrolment in the programmed be discontinued.
SIGNATURE: _
NAME : VAISHNAVI GOPALAKRISHNAN
STUDENT NO : 00114
ADDRESS : S1-12-19, SUTRAMAS APARTMENT, PUCHONG.
TEL NO : 010- 2740280
SUBJECT : MANAGING ENVIRONMENT
DUE DATE : 06th NOVEMBER 2009
LECTURER : PROF. ABDULLA
ASSIGNMENT TITLE : INDIVIDUAL ASSIGNMENT
DATE SUBMITTED : 09th NOVEMBER 2009
* ACKNOWLEDGEMENTS*
*
*
I would like to begin this undertaking by thanking GOD, the most glorified, for providing me with all the strength and courage to complete this report successfully and on time.
I am also extremely grateful to my ‘Managing Environment’ lecturer, PROF. ABDULLA for his time, patience and guidance throughout the making of this report. TABLE OF CONTENTS
1.0 BIOGRAPHY OF GARY STANLEY BECKER-ECONOMIC NOBLE LAUREATE: {draw:frame}
BIRTH OF GARY STANLEY AND HIS EARLY STAGES IN LIFE:
Gary Stanley Becker is an American economist and a Nobel laureate. He was born on December 2, 1930 in Pottsville, Pennsylvania. He did his elementary school and high school in Brooklyn. Until age sixteen he was more interested in sports than intellectual activities, but he had to choose one among them and finally decided to choose education, although he was better at sports. BECKER’S FAMILY:

His father is a business man. His father had left school in Montreal after the 8th grade because he was eager to make money. His mother also left after the 8th grade because girls were not expected to get much education. He has two sisters, Wendy and Natalie, and one brother, Marvin. He married for the first time in 1954, and has two daughters from that marriage, Judy and Catherine He married for the second time in 1980 to Guity Nashat as his first wife died in 1970. This gave him two stepsons, Michael and Cyrus, to go with two daughters. Guity is the one who overcame his reluctance to do the Business Week columns. She is an historian of the Middle East with professional interests that overlap his own: on the role of women in economic and social life, and the causes of economic growth. The personal and professional compatibility she provided has made his life so much better. ROOT CAUSE OF THE REASON WHY BECKER ENTERED INTO THE ECONOMICS DEPARTMENT: His father encouraged him with political and financial news. After his father lost most of his sight, he had the task of reading him stock quotations and other reports on financial developments. Perhaps that stimulated his interest in economics, although he was rather bored by it. He had many lively discussions in the house about politics and justice. This explains why by the time he finished high school, his interest in mathematics was beginning to compete with a desire to do something useful for society. These two interests came together during his freshman year at Princeton, when he accidentally took a course in economics, and was greatly attracted by the mathematical rigor of a subject that dealt with social organization. HIS ACADEMIC EXCELLENCE:

Becker completed his B.A in economics at Princeton University in the year 1953. He took a few extra courses during degree, and he chose reading courses in modern algebra and differential equations. He completed a Ph.D. at The University of...
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