What is Welfare Economics
The discipline of economics known as welfare economics is a subfield of economics that employs microeconomic methods to assess the overall wellbeing (welfare) of a society. At the level of the entire economy, this evaluation is often carried out, and its purpose is to attempt to evaluate the distribution of resources and opportunities among the various members of society.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Welfare economics
Chapter 2: Microeconomics
Chapter 3: Neoclassical economics
Chapter 4: Perfect competition
Chapter 5: Pareto efficiency
Chapter 6: General equilibrium theory
Chapter 7: Externality
Chapter 8: Index of economics articles
Chapter 9: Social welfare function
Chapter 10: Economic efficiency
Chapter 11: Production�possibility frontier
Chapter 12: Allocative efficiency
Chapter 13: Edgeworth box
Chapter 14: Social planner
Chapter 15: Fundamental theorems of welfare economics
Chapter 16: Local nonsatiation
Chapter 17: Enrico Barone
Chapter 18: Competitive equilibrium
Chapter 19: Utility�possibility frontier
Chapter 20: Non-convexity (economics)
Chapter 21: Robinson Crusoe economy
(II) Answering the public top questions about welfare economics.
(III) Real world examples for the usage of welfare economics in many fields.
(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of welfare economics. (eBook only).
Who will benefit
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of welfare economics.
