Abstract
Welfare economics is a very important branch of economic theory. It serves as a foundation for many applied (relatively speaking) branches of economics, such as public finance, cost—benefit analysis and the economics of government policy in many areas, including international trade, industry and welfare (social security and so on). The importance of welfare economics is scarcely in any doubt.
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© 2004 Yew-Kwang Ng
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Ng, YK. (2004). Introduction. In: Welfare Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9781403944061_1
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DOI: https://doi.org/10.1057/9781403944061_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-42943-1
Online ISBN: 978-1-4039-4406-1
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)