Behavioral Economy Interesting Topics

⦁Have they close relationship between consumer behavioral change and economic change?⦁How does consumer behavioral change impact economic change?⦁How does cosumer behavior bring positive or negative influence to economic growth or economic recession to the country?I shall attempt to apply behavioral economic theory to explain their cause and effect relationship why and how global economy growth or recession may be impacted by global consumer behavior change reasons ae blow: I shall indicate travelling leisure and goods air plane transport industries example, since air planes are invented, it is a kind rapid air transport tool, it can help human to do both kinds of transport asrvice, one is goods transport and another is human transport . So, any individual or business goods can be delivered to another country offices or homes by air planes transport tools rapidly. SO, air planes can create more overseas purchase and sale business activities chance between different countries nowadays. Moreover, internet invention, it also increase more e-coomerce online purchase and sale business acitivies to global any one online buyer, he/she only needs to apply computer tool to click to the online seller webstore, when he /she likes the product, he/she can pay visa to buy the product from the onlin seller webstore at home conveniently.Hence, e-commerce encourages global consumers to choose to buy any products from internet channel, it also brings global goods are needed to transport by air planes between different countries, e.g. one US online buyer makes purchase decision from onlin channel, then he chooses the product from Korean one online seller webstore. After he pays visa to the Korean online seller webstore, then the Korea seller will follow his US address to send the product to the US buyer's home after several days rapidly.Hence, it explains that if future global consumers like to buy any products from any one country's onine sell webstore. Then, the product must need to be delivered to the online buyer's home. When the seller's product is not located to the online buyer's country warehouse. It needs to be delivered by air plane. When, global there are man consumers, their traditional visiting shops purchase habits are influenced to change online visiting webstores habits. Then, when their purchase habits are influenced to change by rapid, convenient, visa card payment online purchase method at home, time online purchase technological new payment channel method.In future new online purchase trend development, it may influence future global traditional visiting shops consumption model to change visiting webstores consumption model. Consequently, consumers will choose to pay visa online purchase at home in preference. Also, it encourages visa card purchase, consequently, online purchase may influence these industries development, airlines goods transport service needs increase, it can increase new visa cards number to the frequent online channel e-buyer number. So, online consumption encourages global households save long time money in banks, because we can pay money by visa card payment after we buy any products from online. Global bank may have more money to save longer time from global households, long time money save, because we do not need to withdraw money to buy any expensive products, immediately, e.g. computer, television, furniture etc. When global households begin to accept online purchase method is better to compare visiting shop purchase method. So, future global airline goods transport and bank saving businesses these two industries may have positive impact by future global online buyers raising number.