Abstract - Happiness is considered to be the proper measure of social progress and the goal of public policy making. It is one of the most important factors to be taken into consideration while discussing sustainable living and general well-being, both for an individual and the nation. This report seeks to determine a relation between econometric variables such as GDP, population etc and happiness index of the countries. The aim is to find attributes which influence the happiness of people in a country. Additionally, it also draws logical inferences to assist in the formulation of governmental policies.
The project was made for our Econometrics course in our fifth semester.