Human Behavior How Influences

Introduction Behavioral economics is the combination of psychology and economics that investigates what happens in markets in which some of the agents display human limitations. However surely all of economics is meant to be about the behavior of economic agents be their firms or consumers suppliers or demanders bankers. Economics traditionally conceptualizes a world populated by calculating unemotional maximizers. Hence their minds bring this question: Can human behavior influence social economic growth or recession? I shall attempt to apply human psychology and economic theory to explain this question to let readers can understand.