CurriculumBehavioral Economics
Behavioral Economics
Why people don't act like the rational calculators economic models assume - and what that means in practice.
- Why People Make Irrational Decisions Why real decision-making rarely matches the perfectly rational model classic economics assumes. 📄 Read-aloud
- Cognitive Biases A closer look at systematic thinking patterns that quietly distort financial decisions. 📄 Read-aloud
- Nudges How small changes in how a choice is presented can shape decisions - without restricting anyone's options. 📄 Read-aloud
- Behavioral Economics: Checkpoint 1 Covers why people make irrational decisions, cognitive biases, and nudges. 5 questions
- Incentives Why incentives shape behavior more reliably than most other tools, and why they sometimes backfire. 📄 Read-aloud
- Loss Aversion Why losing something hurts more than gaining the equivalent amount feels good - and what that asymmetry does to decisions. 📄 Read-aloud
- Present Bias Why immediate rewards feel so much more compelling than future ones, even when the future reward is objectively better. 📄 Read-aloud
- Behavioral Economics: Checkpoint 2 Covers incentives, loss aversion, and present bias. 5 questions
- Anchoring How an irrelevant first number can quietly shape a decision - and how to recognize when it's happening to you. 📄 Read-aloud