The Economic Way of Thinking · Economic Foundations
Incentives and Behavior
Examining how positive and negative incentives motivate individuals and organizations to change their actions.
Key Questions
- 1What incentives are driving this behavior?
- 2How do unintended consequences arise from well intentioned incentives?
- 3Why do people respond differently to the same economic stimulus?
Ontario Curriculum Expectations
ON: Canadian and World Studies - Grade 9ON: Economic Decision Making - Grade 9
Grade: Grade 9
Subject: Economics
Unit: The Economic Way of Thinking
Period: Economic Foundations
Suggested Methodologies
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