Social norms are informal rules or shared expectations that influence individual behaviour in a society or group. They go beyond formal incentives like prices or laws and can override purely rational, self-interested behaviour
#exams2025 #examsuccess #economics #economicssuccess #ukeconomy
#topgrades #microeconomics #tutor2u #EconTeachers
#socialnorms #behaviouraleconomics #institutionaltrust #gendernorms
#economicdevelopment #labourmarkets #entrepreneurship #economicbehaviour
source
