厚こう生せい経けい済ざい学がくこうせいけいざいがくMeanings1nounwelfare economicsA branch of economics that evaluates economic policies based on their effects on social well-being.厚こう生せい経けい済ざい学がくは、資し源げん配はい分ぶんの効こう率りつ性せいと公こう