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Part of book or chapter of book . 2013 . Peer-reviewed

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Economics and Social Welfare

Name: Economics and Social Welfare
Creator: Michael A. Lewis
Keywords: 2. Zero hunger, 8. Economic growth, 1. No poverty, 16. Peace & justice, 10. No inequality

descriptionPublicationkeyboard_double_arrow_right Part of book or chapter of book , Other literature type 11 Jun 2013Publisher:NASW Press and Oxford University Press

Authors: Michael A. Lewis;

doi: 10.1093/acrefore/9780199975839.013.119

Economics and Social Welfare

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Abstract

This article will cover basic economic concepts, as well as their relevance to public policy. It defines economics and follows this with discussions of microeconomic concepts, such as market, demand, supply, equilibrium price, and market failure. Next, it takes up discussions of macroeconomic concepts, such as gross domestic product, aggregate demand, inflation, unemployment, fiscal policy, taxes, and free trade. As these economic concepts are discussed, they are related to public policies, such as Social Security, Unemployment Insurance, and Temporary Assistance for Needy Families, which all address the provision of benefits for people in need of income and resources.

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	1
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Average
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average