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Showing results for welfare economics. Search instead for report economics.

welfare economics

American  

noun

  1. a branch of economics concerned with improving human welfare and social conditions chiefly through the optimum distribution of wealth, the relief or reduction of unemployment, etc.


welfare economics British  

noun

  1. the aspects of economic theory concerned with the welfare of society and priorities to be observed in the allocation of resources

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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