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24 Oct 2019: Activity 5 - Exercises. 1. Which of the following indifference curve for consumption choices of two goods provides. the highest level of utility, U1, U2 or U3? Does the level of utility along an indifference curve. increase or decrease moving

28 May 2019: Resource 4 – Exercises. 1. Below are listed a potential set of preference orderings for three individuals Maynard, Milton, and Milo. Can you identify whose preferences violate the assumption of transitivity discussed earlier in the resource, and

24 Oct 2019: Activity 5 – Answer Sheet. As detailed in Resource 1, we know that higher indifference curves represent higher levels of utility. In the illustration below, U1 therefore represents the highest level of available utility. Specifically, the. level

18 Feb 2019: Empathy - Activity 1:. Empathy is a word that we use a lot in popular culture. Parents talk and think about it. a lot, too! Read these parent advice articles to learn a bit more about how empathy and. empathy development are talked about in

24 Oct 2019: Activity 1 – What is an indifference curve? As has already been mentioned, economists are unable to quantify the utility that individuals gain. from their consumption choices in a single measure. However, what is possible is to identify the.

24 Apr 2019: Task Answers. 1. Psychologists measure infants’ gaze to gather evidence for their studies. Come up. with a method which could be used to measure how long an infant looks at. something (which equipment would you need? Outline all the steps you would

24 Oct 2019: What are the benefits of vaccines? What are the risks? How do you evaluate a. vaccine and decide who should get it and when? Although 100% vaccination coverage would provide the best protection against disease,. vaccines are still effective when a

24 Oct 2019: Activity 3 – Identifying the Consumer Equilibrium. Indifference curves offer an illustrative solution to the utility-maximisation problem that individuals. face. While each individual will of course have their own preferences and choices that

24 Apr 2019: Task Answers. 1. Do you think that having a theory of mind is important? Why? List some of the. situations in which you might have to use your theory of mind. Being able to understand what another person is thinking/feeling is extremely important in.

24 Apr 2019: Task Answers. 1. Watch this short clip: https://www.youtube.com/watch?v=4jW668F7HdA. The baby in the video is given two tasks – firstly, her mum shows her a toy and then hides it. under a blanket. The baby lifts the blanket and finds the toy. How