Welfare economics

Goal

To enable students to acquire the knowledge and skills necessary to evaluate economic outcomes and policies from social and ecological perspectives. Students are encouraged to apply a holistic approach in assessing the contributions of public policies to the development of welfare economics.

Additional info
  1. From economic growth to welfare economics – the necessity of changing the prevailing economic paradigm. Linear vs. circular economy.
  2. (Re)defining welfare. Objective and subjective welfare.
  3. Measuring welfare.
  4. Evaluating the contribution of public policies to welfare development.
  5. Strategies of welfare economics.
  6. Welfare society: the multiplier effects of achieving individual welfare.
There are no listed course associates.
Lectures: 30
Seminars: 0
Exercises: 0
  1. Analyse leading economic paradigms.
  2. Distinguish between linear and circular economies in the context of growth and development.
  3. Compare different types of welfare and methods of measurement.
  4. Evaluate the contribution of public policies and strategies to welfare.
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