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Is political economy primarily a normative or positive mode of intellectual enquiry?
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When you study individual markets or consumers you are primarily concerned with what normative economics Macroeconomics Microeconomic or Positive Economics?
come again???
What is a sentence contrasting positive and normative economic analysis?
write a sentence contrasting positive and normative economic analysis
Is Us government shoud institute higher tariffs on imports positive or normative?
normative
Saddam Hussein used weapons of mass destruction in the 1980 is it positive or normative economics?
normative
Why does the distinction between positive and normative statement matter for economics?
A positive normative is one which can be examined by referring to facts i.e 80% of your microeconomics class is made up of females. while a normative statement cannot be tested by examining facts it is an opinion or value judgement.
Is the statement 'Society faces a short-run tradeoff between inflation and unemployment' positive or normative?
positive
What is the difference between 'Normative Accounting Theory' and 'Positive Accounting Theory'?
Normative theory is used to advise what methods should be used for accounting. Positive accounting theory explains and predicts accounting as it is currently happening.
What is the difference between positive and normative economics?
Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
Give an example of a positive and normative statement about the economy You can choose any economic issue that interests you?
positive example
Is this a positive statement or normative statement The minimum wage ought to be abolished?
yes
What is the positive and normative analysis in economics?
A positive analysis is a statement of what is. The truth. Purely descriptive statements or scientific predictions.A normative analysis is a statement of what ought to be. Analysis involving value judgments.
What the difference between positive economics and normative economics?
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
