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ECONOMY OF WELL-BEING AND DEVELOPMENT Single discipline educational activity
Course Sheet Academic Year of enrolment:
Professor and Collaborators:
Hours of classroom activity:
Prerequisites:
Basic knowledge of economics, psychology and sociology
Objectives
Contents This course explores the intersection of economics and human well-being, with a focus on measuring happiness and subjective well-being. Students will gain a comprehensive understanding of the theories of happiness economics, research methodologies, and their implications for public policy. We will examine the factors that influence individual and collective well-being, as well as patterns of lifestyle and consumption choices in relation to happiness
Extended Syllabus 1. 1) Introduction to Happiness Economics a) Definitions and Key Concepts
2. b) History of Happiness
3. c) Utility Theory and Subjective Well-being
4. 2) Measurement Methodologies
5. a) Happiness and Well-being Indicators b) Subjective Well-being Questionnaires and Surveys
6. c) Subjective and Objective Data
7. 3) Factors Influencing Happiness
8. a) Economics and Income (Easterlin Paradox)
9. b) Health and Physical Well-being
10. c) Work and Career
11. d) Social Relationships
12. 4) Behavioral Economics and Happiness a) Behavioral Theories of Happiness Economics
13. b) Consumption Choices and Lifestyles
14. 5) Public Policies and Happiness
15. a) Role of Policies in Promoting Happiness
16. b) Welfare Economics and Policy Evaluation
Recommended Bibliography Layard (2022), Possiamo essere più felici?, Giunti; Seligman (2012), Fai fiorire la tua vita, Anteprima; Bruni et al (2022), A modern guide to the economics of happiness, EE; Easterlin (2020), An Economist’s lessons on happiness, Springer.+ slides and teacher's materials
Methods of Provision
Teaching Methods Traditional lectures, exercises, individual presentations, and group workshops
Evaluation methods Verification of learning:
Theses, presentations and oral examination