MEASUREMENT OF WELL-BEING AND EVALUATION OF PUBLIC POLICY
Année du cours : 1 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S1
Bachelor of Arts (BA) , Bachelor of Science (BSc) degree or Final Year (BA/BSc)
• Understand the issues raised by utilizing GDP as a measure of economic performance and well- being
• Discuss the alternative measures of well-being and their use in public policy
• Discuss the need to transmit growth into well-being
• Explain the impacts of globalization on growth, pollution, resource depletion, and well-being
• Discuss the impact of income inequality on sustainable growth and well-being.
• Discuss the impact of Growth and Well-being on Euroskepticism
GDP has traditionally been used as a measure of economic progress or the health of the economy. It is not unusual for policy makers to equate the growth of the economy to the well-being of the citizens. However the measurement of GDP excludes many factors that influence the well-being of the citizens such as safety, voluntary work, inequality, environmental pollution, democracy, traffic congestion, quality education, access to clean water, affordable housing, access to credit market, and other intangible factors that affect the quality of life. This class introduces students to measurement of GDP is an inadequate measure of well-being, and also discusses the alternative measures of GDP and well-being. The impact of globalization and inequality on well-being is also covered. The class also explores the impact of growth and well-being on Euroskepticism, an important topic in the European Union.
