The ultimate aim of applied economics is to increase human welfare by the investigation and analysis of economic problems of the real world.

Capital flows can increase welfare by enabling households to smooth out their consumption over time and achieve higher level of consumption.

Environmentally sustainable economic growth promises to increase human welfare in a host of other important ways.

An improvement in environmental quality is also an economic improvement if it increases social satisfaction or welfare.

No economic activity will increase social welfare unless it improves the position of the society member that is the worst off.

Globalisation - normally a positive force that increases global welfare - can, unfortunately, wreak huge havoc on regional economies when large companies move location.

The optimal tariff increases welfare only marginally, its main effect being to redistribute welfare from farmers to government.

Generally, accurate cost-benefit analysis identifies choices that increase welfare from a utilitarian perspective.

Indra Zamrud worked to increase the prosperity and welfare of his people.

By taxing the good, the government can increase overall welfare as well as raising revenue.