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- Season 1 Intro to Economics
- Season 1 Specialization and Trade
- Season 1 Economic Systems and Macroeconomics
- Season 1 Supply and Demand
- Season 1 Macroeconomics
- Season 1 Productivity and Growth
- Season 1 Inflation and Bubbles and Tulips
- Season 1 Fiscal Policy and Stimulus
- Season 1 Deficits & Debts
- Season 1 What's all the Yellen About? - Monetary Policy and the Federal Reserve
- Season 1 Money and Finance
- Season 1 The 2008 Financial Crisis
- Season 1 Recession, Hyperinflation, and Stagflation
- Season 1 Economic Schools of Thought
- Season 1 Imports, Exports, and Exchange Rates
- Season 1 Globalization and Trade and Poverty
- Season 1 Income and Wealth Inequality
- Season 1 Marginal Analysis, Roller Coasters, Elasticity, and Van Gogh
- Season 1 Markets, Efficiency, and Price Signals
- Season 1 Price Controls, Subsidies, and the Risks of Good Intentions
- Season 1 Market Failures, Taxes, and Subsidies
- Season 1 Environmental Econ
- Season 1 Economics of Education
- Season 1 Revenue, Profits, and Price
- Season 1 Monopolies and Anti-Competitive Markets
- Season 1 Game Theory and Oligopoly
- Season 1 Behavioral Economics
- Season 1 Labor Markets and Minimum Wage
- Season 1 The Economics of Healthcare
- Season 1 The Economics of Death
- Season 1 Taxes
- Season 1 The Underground Economy
- Season 1 The Economics of Immigration
- Season 1 Foreign Aid and Remittance
- Season 1 The Economics of Happiness
Crash Course Economics - Season 1 Episode 27 Behavioral Economics
2.00 10 minutes Why do people buy the stuff they buy? In classical economics, most models assume that consumers behave rationally. As you've probably noticed in your real life, in case after case, people don't actually make rational decisions. There can be emotional or social reasons for all this irrationality, and behavioral economics tries to address this. We'll talk about risk, nudge theory, prices and perception, and the ultimatum game. So, let's get irrational, in a logical way, of course.
