Economics: Traditional & Behavioural: System Thinking 1 &2 April 12, 2016
Posted by OromianEconomist in 10 best Youtube videos, 25 killer Websites that make you cleverer, Economics.Tags: 10 best youtube videos, 10 key Economi concepts, economics, principle of Economics, What Is Behavioural Economics?
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Traditional economics views humans as robotic machines who make calculated decisions based on logic. In contrast, behavioural economics views humans as irrational and emotional beings who are influenced by biases and experience when making decisions. This infographic takes a closer look at just what behavioural economics is and how it can be used.
Read more at:- https://www.b2binternational.com/publications/what-is-behavioural-economics/
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10 key economic concepts
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