Welfare Economics

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.