Introduction

Happiness, in psychological sense, is a state of mind reflected from pleasure, positive emotional state or being satisfied with life. Well-being, in philosophical sense, is a more dynamic and broad concept than happiness. The word 'Eudaimonia' is the ancient Greek term for well-being. Eudaimonia, according to Plato, is the highest and ultimate aim of both moral thought and behavior, achieved through practicing virtues of justice, wisdom, temperance and courage. . His pupil, Aristotle, however also considered health, wealthand social relationships necessary for well-being in addition to a virtuous life. This eudaimonic approach to well-being is often contrasted with hedonic well-being which is based on the notion that increased pleasure and decreased pain leads to happiness. Both these approaches have been the subject of great debate in philosophy, religion and science. . .

Well-Being Measurement

Many researchers identify happiness with subjective well-being which spans combination of emotional well-being and life satisfaction. However, objective well-being is often assessed using indicators that measure aspects of education, physical and built environment, community, and economy. This approach tends to capture a societal rather than an individual perspective on well-being. Many scales have been developed for use in scientific studies to assess individuals' and community well-being such as:
conal-smith-measuring-wellbeing-seminar.pdf
measuring wellbeing.pdf
WHO Wellbeing.pdf

Well-Being in Public Policy 

With the development of Ministry of Happiness in various countries to the establishment of institutes of wellbeing at academic settings, the focus on happiness and well-being is becoming a high priority for the governments across the globe with the ultimate aim to improve the quality of life of their citizens. National accounts of well-being are reorienting societies so that social values, the environment, enjoyable work, and physical and emotional health are given prominence along with economic development. These social indicators are becoming the prime drivers of the public policy. The policy, based on the subjective and objective parameters of well-being, has the potential to transform a nation for a prosperous existence. The world happiness report 2020 places Pakistan at number 66 out of 152 countries in terms of happiness. Although, this number is way better than the regional countries but there is a great room for improvement, achievable through an empirical understanding of well-being of the citizens of Pakistan. The world happiness report 2020 can be assessed at:
WHO Wellbeing.pdf