Introduction To Behavioural Economics

A fun and engaging lesson that introduces students to behavioural economics, its history and relevance and how its assumptions differ from those of traditional economics. The powerpoint introduces and explains (with useful examples) the key concepts of rational behaviour, bounded rationality, heuristics and bounded self-control. There are activities in the powerpoint to check for students’ understanding. There is then a really useful worksheet which provides a word bank and then gets students to answer short A level type questions, with relevant terms from the word bank. I have provided a mark scheme to the worksheet with detailed answers to each question.