Human Behavior How Influences Economy

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: Why may technology influence global labor number increases or decreases ? Why and how human behavior may influence economic growth or recession ? I shall attempt to apply human psychology and economic theory to explain these questions to let readers can understand.