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The term homo economicus , or economic man , is the portrayal of humans as agents who are consistently rational and narrowly self-interested , and who pursue their subjectively-defined ends optimally. It is a word play on Homo sapiens , used in some economic theories and in pedagogy. In game theory , homo economicus is often modelled through the assumption of perfect rationality. It assumes that agents always act in a way that maximize utility as a consumer and profit as a producer ,  and are capable of arbitrarily complex deductions towards that end. They will always be capable of thinking through all possible outcomes and choosing that course of action which will result in the best possible result. The rationality implied in homo economicus does not restrict what sort of preferences are admissible. For example, an agent's utility function could be linked to the perceived utility of other agents such as one's husband or children , making homo economicus compatible with other models such as homo reciprocans , which emphasizes human cooperation.
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For classroom activities that use the Picture Dictionary, click here. One has a word for each picture, one has room for the student to write each word, and one has a missing letter in each word for the student to fill in. To browse through the dictionary, click on a letter in the alphabet at the top of the window and you'll see a page of words that start with that letter. Each word is used in a meaningful example sentence.