Topics
Rational Choice
Rational choice involves the weighing up of costs and benefits and trying to maximise the surplus of benefits over costs. Rational choice is essentially the idea that humans always make logical decisions and seek to maximise their own self-interest.
-
4.1.2 Individual Economic Decision Making (AQA)
Study Notes
-
1.2.10 Rational Consumer Behaviour (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
-
What is Rational Choice Decision Making?
Study Notes
-
What is Behavioural Economics?
Study Notes
-
Cost Benefit Analysis - Is it worth having kids?
8th March 2023
-
Cost-Benefit Principle
Study Notes
-
Behavioural Economics Revision Quizzes
Quizzes & Activities
-
Teaching Activity: Being Choosey - Choice Architecture
Teaching Activities
-
Rational Decision Making and Consumer Welfare
Topic Videos
-
Rational Behaviour (Quizlet Revision Activity)
Quizzes & Activities
-
Mandated Choices and Default Choices
Topic Videos
-
Behavioural Economics for A Level - Explained
1st January 2017
-
Behavioural Nudges in Action
Teaching PowerPoints
-
Mandated Choice
Study Notes
-
Bounded Rationality (Behavioural Economics)
Topic Videos
-
Behavioural Biases [Head Start in A-Level Economics]
Topic Videos
-
Economics of the falling divorce rate
5th December 2019
-
Reasons to be cheerful about the 2019 Economics Nobel Winners
16th October 2019
-
Rational Decision Making (Behavioural Economics)
Study Notes
-
The Limits of Rational Economic Man
25th February 2019
-
Herd behaviour can be perfectly compatible with rationality
5th December 2018
-
Tourist Overload and Rational Choice Theory
24th August 2018
-
Choice Architecture (Behavioural Economics)
Study Notes
-
Behavioural and Neo-Classical Economics (Revision Essay Plan)
Practice Exam Questions
-
Unintended consequences of setting targets
16th May 2018
-
Behavioural Economics: Do Tube strikes make Londoners better off?
15th November 2017
-
Efficiency and Collecting Panini Football Stickers
2nd June 2016
-
The Economics of School Holidays
26th May 2016
-
Shifting Spending from Stuff to Experiences
7th May 2016
-
Behavioural Economics and Economic Thinking
14th April 2016
-
Julian Assange, rational choice theory, and the game of Go
9th February 2016
-
Daniel Kahneman on Decision-Making
5th February 2012
-
Mini Documentary on Financial Instability
15th April 2012
-
The Benefits of Choice: the Battle Never Ends
8th November 2013
-
Coping with Uncertainty: the Red Hot Topic in Economics
17th September 2014
-
Is Ed Miliband secretly a Rational Economic Person?
16th November 2014
-
HIV testing and risky sexual behaviour
2nd February 2015
-
Barry Schwartz: The Paradox of Choice
30th July 2015