Economics and Wellbeing

Catalog description

Provides an overview of the historical and philosophical underpinnings of different definitions of wellbeing. Examines the extent to which they support or challenge standard economic theory and the assumption of economic rationality. Examines recent theoretical and applied aspects of wellbeing studies and their policy implications. Students will research the policy implications of using different notions of wellbeing within an overall development strategy adopted by specific countries around the world. May not be taken for credit by students who received credit for: ECON 481 -4. Prerequisite(s): ECON 202 .