RM - The economy Flashcards
What are economical implications?
How what we learn from findings in psychological research influences, affects, benefits or devalues our financial prosperity.
What are 2 examples of research w/ important economical implications?
- Att. research into the role of the father
- Dev. of treatments for mental disorders
How does att. research into the role of the father have economical implications?
Research shows both parents, not just the mother, are capable of providing the emotional support necessary for healthy psychological dev. This has meant more flexible working arrangements in families. In many households the woman is the higher earner.
Means modern parents are better equipped to maximise their income and contribute more effectively to economy.
How does the dev. of treatments for mental disorders have economical implications?
Absence from work costs the economy around £15 billion a yr and 1/3 absences are caused by mild to moderate mental health disorders like depression, anxiety and stress. Research into causes and treatments will therefore result in a healthier workforce.
In many cases ppl are able to manage their disorders and return to work so there is an economic benefit to treating them.
