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Introduction

In: Welfare Economics

Author

Listed:
  • Yew-Kwang Ng

    (Monash University)

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.

Suggested Citation

  • Yew-Kwang Ng, 2004. "Introduction," Palgrave Macmillan Books, in: Welfare Economics, chapter 1, pages 1-25, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-4406-1_1
    DOI: 10.1057/9781403944061_1
    as

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