welfare economics

noun

The use of microeconomics to evaluate the overall well-being of a society.

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Meanings

nounwelfare economics (uncountable)
  1. uncountableThe use of microeconomics to evaluate the overall well-being of a society.
Cite this entry
APA

welfare economics. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/welfare%20economics

MLA

“welfare economics.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/welfare%20economics. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “welfare economics,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/welfare%20economics.

Source: welfare economics on Wiktionary, CC BY-SA 4.0.