Rational Choice Theory - 60 Second Adventures in Economics (6/6)

Without a belief in rational behaviour, it’s hard to design an economic policy with predictable results. In practice, people’s errors or misinformed choices can frustrate policy design. (Part 6 of 6) Playlist link - Transcript link - Free learning from The Open University - Economics Study a free course on Managing my money at the Open University Study R30 BA (Honours) Economics The Open University is the world’s leading provider of flexible, high-quality online degrees and distance learning, serving students across the globe with highly respect