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Economics of Well-being

Description

Originally, economics was not detached from happiness and dealt with situations of resource abundance. Over time, the discipline has progressively re-focused on states of resource scarcity. Some historians label this shift as the turning of economics into a ‘sad science.’ This course reconnects economics to issues of individual and collective well-being and happiness, from both a theoretical and a policy perspective. This course aims at addressing modern understandings of the definition, measurement, and determinants of subjective well-being and their implications for policy, growth, and the environment. The approach taken will reflect the preexisting treatment of welfare in economics as well as that of the field topics that the subjective well-being literature has addressed.

People

 

Odermatt R.

Course director

Stutzer A.

Course director

Additional information

Semester
Spring
Academic year
2019-2020
ECTS
3
Language
English