Measuring Economic Welfare
Subtitle: New Methods
Edition: 1 edition
Publisher: Cambridge University Press
Published: March 12, 2007
Language: eng
Format: Paperback
Number of pages: 199
ISBN-13: 9780521035941
Subjects: Economic theory & philosophy; Business & Economics; Business / Economics / Finance; Business/Economics; Economic History; Economics - Theory; Business & Economics / Economic History; Business & Economics / Economics / Theory; Business & Economics-Economic History
First sentence: The basic objective of applied welfare economics is to determine if the introduction of a specific project or economic policy will make an individual or group of consumers better off or worse off than will the available alternatives, including the status quo.