behavioraleconomics
advancedC1/bɪˈheɪvjərəl ɪˈkɒnəmɪks/ · be-hav-i-or-al e-con-o-mics
A field of economics that studies how psychological, social, and emotional factors affect economic decision-making.
Meanings
A field of economics that studies how psychological, social, and emotional factors affect economic decision-making.
معیشت کا وہ میدان جو یہ مطالعہ کرتا ہے کہ نفسیاتی، سماجی، اور جذباتی عوامل کس طرح اقتصادی فیصلوں پر اثر انداز ہوتے ہیں۔
سلوکیات معیشت
salukiyat ma'ishat
Synonyms
Antonyms
Common Collocations
- behavioral economic model
- behavioral finance theory
- behavioral insights
Example Sentences
Behavioral economics explores why people make irrational financial decisions.
سلوکیات معیشت یہ جانچتی ہے کہ لوگ بے وقوف مالی فیصلے کیوں کرتے ہیں۔
Salukiyat Ma'ishat yeh jaanchti hai ke log bewakoof maali faislay kyun karte hain.
Understanding behavioral economics can improve marketing strategies.
سلوکیات معیشت کو سمجھنا مارکیٹنگ کی حکمت عملیوں کو بہتر بنا سکتا ہے۔
Salukiyat Ma'ishat ko samajhna marketing ki hikmat-e-amliyon ko behtar bana sakta hai.
The application of behavioral economics has reshaped our understanding of consumer behavior.
سلوکیات معیشت کا استعمال صارفین کے رویے کی ہماری سمجھ کو نئی شکل دے چکا ہے۔
Salukiyat Ma'ishat ka istemal sarifin ke rawaye ki hamari samajh ko nai shakal de chuka hai.
Easily Confused With
Word Family
See Also
💡 Memory Tip
Think of how people's behavior influences market trends.
Imagine a market where people's emotions dictate buying and selling decisions.
📖 Etymology
Origin: English "behavior + economics" — the study of how psychological factors influence economic decisions
First known use: 1970s
The term 'behavioral economics' emerged in the early 20th century as a blend of psychology and economics, challenging traditional economic theory which assumed rational decision-making.