Behavioural Economics lesson
Hi everyone,
Welcome to our newsletter. This week we've released a series of new lessons (reading test, reading to writing summary, listening test and seminar speaking) on the topic of behavioural economics.

What is behavioural economics?
Behavioural economics, a term coined by Richard Thaler in 2008, refers to the role that psychological, emotional, cultural and social factors play in decision-making in an economic context. The concept explores human traits and behaviours such as irrationality, self-control and personal motivation to show how they can affect individual, economic decisions.

What are these lessons about?
The reading text compares classical economics with behavioural economics and focuses on how nudge theory can benefit society. The listening text focuses on how behavioural economics impacts government policy and the criticisms of nudge theory.

Blog page: www.academic-englishuk.com/behavioural-economics/

These lessons will only be available to buy individually for 2 weeks before becoming MEMBERS ONLY. [20% OFF Memberships for September 2022 - go here]

Reading Test: Behavioural Economics [new 2022]

This 773-word text discusses behavioural economics. It provides a definition of the key term, it analyses how different this type of economics is from classical economics, it looks at nudge theory along with examples of successful nudges and criticisms of the theory, and it ends by considering how society can benefit through both types of economics. The reading test includes: matching headings to paragraphs; true, false, not given; reference words; open answer questions; citations; and a vocabulary task. (Example) Level ***** [B2/C1] TEACHER MEMBERSHIP / INSTITUTIONAL MEMBERSHIP

Writing Summary: Behavioural Economics [new 2022]

This 773-word text discusses behavioural economics. It provides a definition of the key term, it analyses how different this type of economics is from classical economics, it looks at nudge theory along with examples of successful nudges and criticisms of the theory and it ends by considering how society can benefit through both types of economics. The summary task includes: note-taking worksheet with key, summary writing exercise with one sample summary, and a critical thinking worksheet with suggested answers. (Example) Level ***** [B2/C1] TEACHER MEMBERSHIP / INSTITUTIONAL MEMBERSHIP

Lecture video example (link)

Behavioural economics video lecture by AEUK

Listening Test: Behavioural Economics [new 2022]

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. (Example) Level ***** [B2/C1] / Video [10.00] / MP3 / PPT link in download / TEACHER MEMBERSHIP / INSTITUTIONAL MEMBERSHIP

Behavioural Economics PDF Book

AMAZING VALUE - Buy all the above lessons in one book: reading test, reading to writing summary writing, listening test & speaking seminar. Example TEACHER MEMBERSHIP / INSTITUTIONAL MEMBERSHIP
Go to our blog page for more information: www.academic-englishuk.com/behavioural-economics/

All the best,
The AEUK Team
Newsletter #109
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