Economics A-Level
Altruism
What Altruism means in Economics A-Level, as defined for AQA.
Definition of Altruism
Check what you remember
Read the wording for your board, then hide it and explain Altruism in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Actions taken to improve the welfare of others, often at a personal cost, showing genuine selfless concern.
Topics that use Altruism
- Aspects of behavioural economic theory (AQA A-Level)
Related terms
- Anchoring
- Availability bias
- Behavioural economics
- Bounded rationality
- Bounded self-control
- Consumer behaviour
- Equity and fairness
- Satisficing behaviour
Using Altruism in the exam
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