This book discusses development economics and social welfare. It covers the basic concepts of development economics and social welfare, indicators and measurements of development and welfare, economic growth and income distribution, poverty, inequality and socio-economic challenges, the role of government in development and poverty alleviation, sustainable development and community empowerment, investment, infrastructure and human resource development, globalization, international trade and its impact on development, public policy and social intervention in development
economics, the informal sector economy and social inclusion as well as case studies: development and welfare strategies in various countries.

Humans are faced with various choices every day. For example, a student must choose between studying and playing; a family must decide how to allocate their money for basic needs, savings, and recreation; and the state must allocate limited funds for education, health, and infrastructure. These everyday facts form the main foundation for understanding the framework of development economics. The efforts of developing countries in managing these limited resources are aimed solely at achieving long-term prosperity (Hasanet al.., 2022).