Do humans defy logic and reason when they make financial decisions? Econ Essential’s NEW 4-part Behavioral Economics Digital Lesson Series explores how psychology relates to economic decision-making. Show your students that economics has the potential to be their most interesting subject.
Coming Soon: Check back in November, February, and April to download the additional lessons, challenges, and videos to bring more Behavioral Economics concepts to life in your classroom.
BEHAVIORAL ECONOMICS – LESSON 1
Are your students ‘Humans’ or ‘Econs’ in their decision-making processes? Encourage students to determine how rational their choices really are in this Digital Lesson Bundle. Students will learn through a series of scenarios, videos, questions, discussions, and challenges how behavioral economic theory can benefit an individual’s life, including their health and finances.
2 minutes 38 seconds
Behavorial economist have determined two types of decision-makers when predicting economic markets: ‘humans’ and ‘econs’. In this video, students will learn what qualities make up both types and how this knowledge will help influence their own choices.