such as efficiency and income distribution, Deardorff,s Glossary of International Economics, 2006: In fact welfare economics concentrate on optimal resource allocations and its effects on social welfare. Importance and weights of welfare Economics in economics...

The main aim of this study is examination of import demand function and investigation of

its effects on welfare by analyzing Simultaneous equation system during 1979 to 2008. In this

study the results social welfare obtained using...