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Research Has Shown That Self-Esteem Is Significantly Positively Correlated with Academic

question 29

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Research has shown that self-esteem is significantly positively correlated with academic performance. Some educators have argued that we should improve the self-esteem of students to improve their academic performance. Which thinking error are these educators making?


Definitions:

Deadweight Loss

Economic inefficiency resulting when the market equilibrium for a good or a service is not achieved.

Social Cost

The total cost to society, including both private costs and any external costs, from producing or consuming a good or service.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total net benefit to society.

Social Welfare

A set of government programs aimed at providing support to the needy in society, ensuring a minimum standard of living and protection against economic risks.

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