In this pilot program funded by WMCA, behavioral science is used to nudge residents in Northfield and Shard End wards to access income support services. The focus is on understanding communication modes, reactions, and subsequent actions of residents in response to targeted messages. Internal data a

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Economics is a social science that examines how individuals, businesses, and governments allocate resources to satisfy unlimited wants in the face of scarcity. It involves decision-making processes and the study of human behavior in relation to the allocation of scarce resources. Basic assumptions l

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This lesson explores factors that can cause a demand curve to shift, defining terms like Ceteris Paribus and identifying factors influencing demand. Shifts in the demand curve and examples of price influences are discussed, emphasizing the impact of factors beyond price on consumer behavior.

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The Law of Supply states that as the price of a good or service increases, the quantity supplied by producers also increases, assuming all other factors remain constant. This fundamental economic principle highlights the relationship between price and supply, emphasizing how producers strive to maxi

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Explore the concept of supply in economics, including its definition, determinants, and graphical representation. Learn about the law of supply, non-price factors affecting supply, and key terms such as market supply and horizontal summation. Understand the difference between a change in quantity su

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