What is behavioural economics?
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### Instruction:
What is behavioural economics?

### Response:

A method of economic analysis that applies psychological insights into human behavior to explain economic decision-making. Behavioural economics, the application of psychological insights to economic theories and problems, has been growing in influence for decades.’ In short behavioural economics is a subset of the study of economics. It is a method of economic analysis that applies psychological insights into human behaviours to explain economic decision making.