Economics & World Happiness Report - Unionpedia, the concept map

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Difference between Economics and World Happiness Report

Economics vs. World Happiness Report

Economics is a social science that studies the production, distribution, and consumption of goods and services. The World Happiness Report is a publication that contains articles and rankings of national happiness, based on respondent ratings of their own lives, which the report also correlates with various (quality of) life factors.

Economics

Economics is a social science that studies the production, distribution, and consumption of goods and services.

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Happiness economics

The economics of happiness or happiness economics is the theoretical, qualitative and quantitative study of happiness and quality of life, including positive and negative affects, well-being, life satisfaction and related concepts – typically tying economics more closely than usual with other social sciences, like sociology and psychology, as well as physical health.

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Policy

Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes.

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Public policy

Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and real-world problems, guided by a conception and often implemented by programs.

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Regulation

Regulation is the management of complex systems according to a set of rules and trends.

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Society

A society is a group of individuals involved in persistent social interaction or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations.

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Statistics

Statistics (from German: Statistik, "description of a state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.

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The New York Times

The New York Times (NYT) is an American daily newspaper based in New York City.

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Unemployment

Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the reference period.

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Well-being

Well-being, or wellbeing, also known as wellness, prudential value, prosperity or quality of life, is what is intrinsically valuable relative to someone.

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