Welfare economics
id:
welfare-economics-214-368093
title:
Welfare economics
text:
Welfare economics is a field of economics that applies microeconomic techniques to evaluate the overall well-being (welfare) of a society. The principles of welfare economics are often used to inform public economics, which focuses on the ways in which government intervention can improve social welfare. Additionally, welfare economics serves as the theoretical foundation for several instruments of public economics, such as cost–benefit analysis. The intersection of welfare economics and behavior
brand slug:
wiki
category slug:
encyclopedia
description:
Use of microeconomic techniques to evaluate well-being at the aggregate level
original url:
https://en.wikipedia.org/wiki/Welfare_economics
date created:
2004-01-22T03:22:48Z
date modified:
2024-09-12T18:02:19Z
main entity:
{"identifier":"Q851147","url":"https://www.wikidata.org/entity/Q851147"}
image:
fields total:
13
integrity:
15