Welfare economicsBehind the numbers

Welfare economics

Behind the numbers, charts and formulas of economics, there are people This is sometimes easy to forget. Economies isn't only about profits, losses and utility. It's about society. Economic ideas and theories often seem to be issues that are far removed from people's everyday lives. Welfare economies, however, tries to correct this It looks at how economic policies affect society, families and the individual.

One of the big issues in welfare economics is equity. Equity means fairness, and welfare

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economists are interested in measuring how fair our economic systems are. One way they do this is to look at how income and wealth are distributed among the population. Welfare economists also investigate the effects of government policy on equity. Governments main weapon to light inequity (unfairness) is taxation. Welfare economists try to find out how taxation affects vertical equity and horivontal equity, which arc two ideas that taxation systems can be based on. The idea behind vertical equity is that people with more income will pay more than those with less income. The idea behind horizontal equity is that people with the same income will pay the same amount of tax Ideally, a tax system will have both verticaland horizontal equity,

However, some economists feel that any kind of taxation on people's earnings is unjust. They believe it is unfair to penalise entrepreneurs and hard-workers. Why should people who are less able or less hard-working besupported by others? In this view of welfare economies, inequity is a natural feature of every economic system. Trying to createequity, they say. is just a waste of time. Instead, it is better to make economic systems more efficient. A more efficient economy grows faster and everyone in society benefits.

Welfare economies isn't only about the fairness of economic systems. It's also about the impact that economic choices have on our lives. Economic transactions often affect other people who are not directly involved in those transactions. Economists call these results externalities. Externalities are sometimes good and sometimes bad for society. For example, pollution is anegative externality of the car industry. But cars give people better mobility, which is apositive externality of the same industry.

Production is not the only cause of negative externalities for society. Many arc due to our use or consumption of goods. People's litter in parks and on beaches is one example: noisy neighbours playing their CD player loudly is another. These are both examples of externalities causing pollution. However, health problems from smoking and drinking alcohol are also externalities from economic transactions. These have a cost for individuals, but also for society as a whole.

Результаты (английский) 1:

Welfare economicsBehind the numbers, charts and formulas of economics, there are people This is sometimes easy to forget. Economies isn't only about profits, losses and utility. It's about society. Economic ideas and theories often seem to be issues that are far removed from people's everyday lives. Welfare economies, however, tries to correct this It looks at how economic policies affect society, families and the individual.One of the big issues in welfare economics is equity. Equity means fairness, and welfare(52)economists are interested in measuring how fair our economic systems are. One way they do this is to look at how income and wealth are distributed among the population. Welfare economists also investigate the effects of government policy on equity. Governors of the main weapon to light inequity (unfairness) is taxation. Welfare economists try to find out how taxation affects equity and vertical equity, horivontal which arc two ideas that taxation systems can be based on. The idea behind vertical equity is that people with more income will pay more than those with less income. The idea behind the horizontal equity, is that people with the same income will pay the same amount of tax, Ideally a tax system will have both horizontal equity, verticalandHowever, some economists feel that any kind of taxation on people's earnings is unjust. They believe it is unfair to penalise entrepreneurs and hard-workers. Why should people who are less able or less hard-working besupported by others? In this view of welfare economies, inequity is a natural feature of every economic system. Trying to createequity, they say. is just a waste of time. Instead, it is better to make economic systems more efficient. A more efficient economy grows faster and everyone in society benefits.Welfare economies isn't only about the fairness of economic systems. It's also about the impact that economic choices have on our lives. Economic transactions often affect other people who are not directly involved in those transactions. Economists call these results externalities. Externalities are sometimes good and sometimes bad for society. For example, pollution is anegative externality of the car industry. But cars give people better mobility, which is apositive externality of the same industry.Production is not the only cause of negative externalities for society. Many arc due to our use or consumption of goods. People litter in parks and on beaches is one example: noisy neighbours playing their CD player loudly is another. These are both examples of causing pollution externalities. However, health problems from smoking and drinking alcohol are also externalities from economic transactions. These have a cost for individuals, but also for society as a whole.

Результаты (английский) 2:

Economics Welfare Behind the numbers, charts and formulas of economics, there are people This is sometimes easy to forget. Economies is not only about profits, losses and utility. It's about society. Economic ideas and theories often seem to be issues that are far removed from people's everyday lives. Economies Welfare, however, tries to correct this It looks at how economic policies affect society, families and the individual. One of the big issues in welfare economics is equity. Means fairness Equity, and welfare (52) economists are interested in measuring how fair our economic systems are. One way they do this is to look at how income and wealth are distributed among the population. Welfare economists also investigate the effects of government policy on equity. Governments main weapon to light inequity (unfairness) is taxation. Welfare economists try to find out how taxation affects vertical equity and horivontal equity, which arc two ideas that taxation systems can be based on. The idea behind vertical equity is that people with more income will pay more than those with less income. Horizontal idea behind The equity is that people with the same income will pay the same amount of tax Ideally, a tax system will have both horizontal equity verticaland, However, some economists feel that any kind of taxation on people's earnings is unjust. They believe it is unfair to penalise entrepreneurs and hard-workers. Why should people who are less able or less hard-working besupported by others? In this view of welfare economies, inequity is a natural feature of every economic system. Trying to createequity, they say. is just a waste of time. Instead, it is better to make economic systems more efficient. More efficient economy A grows faster and everyone in society benefits. Welfare economies is not only about the fairness of economic systems. It's also about the impact that economic choices have on our lives. Economic transactions often affect other people who are not directly involved in those transactions. Economists call these results externalities. Externalities are sometimes good and sometimes bad for society. For example, pollution is anegative externality of the car industry. Cars give people But better mobility, which is apositive externality of the same industry. Production is not the only cause of negative externalities for society. Many arc due to our use or consumption of goods. People's litter in parks and on beaches is one example: noisy neighbours playing their CD player loudly is another. These are both examples of externalities causing pollution. However, health problems from smoking and drinking alcohol are also externalities from economic transactions. These have a cost for individuals, but also for society as a whole.

Результаты (английский) 3:

welfare economics

behind the numbers, charts and formulas of economics, there are people this is not easy to forget. economies isn't only about profits, losses and utility. it's about society. economic ideas and theories often seem to be issues that are far removed from people's and lives. welfare economies, however,tries to correct this it looks at how economic policies affect society, the families and the individual.

one of the big issues in welfare economics is equity. equity means fairness, and welfare

(52)

economists are interested in measuring how good our economic systems are. one way they do this is to look at how income and wealth are distributed among the population.welfare economists also investigate the effects of government policy on equity. governments main weapon to light inequity (unfairness) is taxation. welfare economists try to find out how taxation affects vertical equity and horivontal equity, which is two ideas that taxation systems can be based on.the idea behind vertical equity is that people with more income will pay more than those with less income. the idea behind horizontal equity is that people with the same income will pay the same amount of tax set, a tax system will have both verticaland horizontal equity,

however, some economists feel that any kind of taxation on people's earnings is unjust.they believe it is unfair to penalise entrepreneurs and hard workers. why should people who are less able or less hard - working besupported by others? in this view of welfare country, inequity is a natural feature of every economic system. trying to createequity, they say. is just a waste of time. instead, it is better to make economic systems more efficient.a more efficient economy grows faster and everyone in society benefits.

welfare economies isn't only about the fairness of economic systems. it's also about the impact that economic choices have on our lives. economic online often affect other people who are not directly involved in those online. Economists call these results externalities.externalities are sometimes good and sometimes bad for society. for example, pollution is anegative externality of the car industry. but cars give people better mobility, which is apositive externality of the same industry.

production is not the only cause of negative externalities for society. this is due to the use or consumption of goods.people's litter in parks and on beaches is one example: i have playing the cd player this is another. these are both examples of externalities causing pollution. however, health problems from smoking and drinking from are also externalities from economic or. these have a cost for individuals, but also for society as a whole.