Graduation Year

2023

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Roberto Pedace

Reader 2

William Crano

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© 2022 Athena I Manthouli

Abstract

This thesis explores the economics of alcohol use as it relates to health, income, and self-esteem. The global alcoholic beverages market was valued at $1.4 trillion in 2017. While this is a large benefit to our economy, the costs alcohol abuse has on individuals and their families and surroundings are important to consider. More than 6 percent of adults in the US have an alcohol use disorder. This is close to 20 million people, which makes up a significant amount of people and makes this issue relevant. This is especially important after considering the spillover effects that occur towards these peoples families and close friends, increasing the percent of people in the population affected. Alcohol severity levels are separated in three categories: mild, moderate, and severe. Using data from the NLSY79, this paper finds that there is correlation between income level and mild and moderate alcohol use. Further research and more up-to-date analysis and academic literature is necessary to create a recommendation about how to move forward regarding helping those with alcohol use disorders.

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