Happiness economics By Anna Stepchenko and Oleksandra Dzhurasenko Group 887 Economics supervisor –...
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Transcript of Happiness economics By Anna Stepchenko and Oleksandra Dzhurasenko Group 887 Economics supervisor –...
Happiness economicsBy Anna Stepchenko and Oleksandra DzhurasenkoGroup 887
Economics supervisor –Kateryna Goncharova
English supervisor –Yuliya Shtaltovna
“Happiness =
Satisfaction withwork/wealth
+ Satisfaction with
health”
Happiness economics is the quantitative study of happiness, positive and negative affect, well-being, quality of life, life satisfaction and related concepts, typically combining economics with other fields such as psychology and sociology.
The Easterlin paradox
Finding that people in rich countries don't report much greater happiness than those in lower-income countries even though, in any given country, the rich say they are happier than the poor do.
Pecuniary Arena
Non-pecuniary Arena
Determinants of happiness Maslow's hierarchy of needs
Money
GDP / GNP
Individual income
Social security
Employment
Relationships and children
Freedom and control
Leisure Health
Happiness indices• Happy Life Years• Happy Planet Index• Gross national happiness (GNH)• Concept of "good life“• Satisfaction with Life Index
Satisfaction with Life Index
Top 10 countries
Canada10
Brunei9
Bhutan8
Sweden7
Finland6
The Bahamas5
Iceland4
Austria3
Switzerland2
Denmark1
CountryRank
10 least satisfied with life countries
Burundu178
Zimbabwe177
Democratic Republic of the Congo176
Moldova175
Ukraine174
Sudan173
Armenia172
Turkmenistan171
Belarus170
Georgia169
CountryRank
THANK YOU FOR ATTENTION!ENJOY LIFE AND STAY HAPPY!