Examine the core cognitive theories of behavioural economics (e.g. social norms

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1. Examine the core cognitive theories of behavioural economics (e.g. social norms) and how they impact economic decision making. Provide real examples to support your arguments.
2.Analyze the main reasons why governments use competition policies to intervene in markets. Use real cases to support your arguments.
3. “Monopolists are more likely to develop new innovations than firms involved in fierce price competition”. Discuss using examples from real business and industry examples.
4. “Economic inequality is the macroeconomic challenge of our time”. Discuss.

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