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Alternative Measures of Individuals' Welfare

Student: Sadovnikov Evgeniy

Supervisor: Natalya Rakuta

Faculty: Faculty of Economic Sciences

Educational Programme: Economics (Bachelor)

Year of Graduation: 2020

In my graduation work I would like to take look at the concept of welfare. For a long time the term welfare and income were almost synonyms. But now it is become obvious that welfare is much more deep concept. The main goal of this work is to try to take a look on other concepts of welfare and to prove that income is not enough for happiness. For that I will use many literature and will try to create my own model.

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