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

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!

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 –...

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