This 10-minute lecture talks about how behavioural economics impacts government policy. It defines behavioural economics and nudge theory, it analyses the different types of nudges, it puts forward some successful examples of nudge theory before looking at some of the criticisms of the theory, and it ends with a brief summary.
The listening test includes: open answer questions; gap fill summary; true, false, not given; a matching exercise; a gap fill completion activity; and a summary identification task.
