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Psychology

PDF Book - The Economics of Behaviour
The Economics of Behaviour – A Complete Teaching Resource for KS4 & KS5
Unlock the fascinating world of behavioural economics with this engaging, student-friendly resource that blends psychology, economics, and real-life decision-making. Perfect for GCSE and A-Level Economics, Business Studies, and BTEC Enterprise, this resource helps students explore why humans don’t always act “rationally”—and how that affects everything from spending habits to public policy.
Key Topics Covered:
Bounded rationality and satisficing
Heuristics and cognitive biases
Prospect theory and loss aversion
Anchoring, framing, and mental accounting
Present bias, nudges, and decision fatigue
Real-world applications in marketing, policy, and consumer behaviour
Resource Features:
Plain-English explanations of complex concepts
Case studies from retail, politics, social media, and education
Engaging activities: crosswords, reflections, behaviour diaries, and creative tasks
Essay questions and structured writing support (analysis, evaluation, reflection)
Curriculum links to AQA, Edexcel, and OCR specifications
Suitable for lessons, homework, flipped learning, or enrichment projects
Why It’s Useful:
Helps students understand real-world behaviour and apply theory to life
Promotes critical thinking, self-awareness, and ethical discussion
Encourages cross-curricular links with psychology, citizenship, and media studies
Ideal for diversifying economic content beyond traditional supply and demand
Behavioural economics makes economics relatable, memorable, and deeply human. This resource equips students to explore the quirks of the brain—and the markets we live in.