A Normative Theory expresses a judgment about whether a situation is desirable or undesirable, and is based upon some moray or standard. The world would be a better place if the moon were made of green cheese, is a normative statement because it expresses a judgment about what ought to be. Notice that there is no way of disproving this statement. If you disagree with it, you have no sure way of convincing anyone, who believes the statement, that it is incorrect.
A Positive Theory expresses an opinion on a condition, assuming what is, and that contains no indication of approval or disapproval and is not based on any standard. Notice that a positive statement can be incorrect. The moon is made of green cheese, is incorrect, but it is a positive statement because it is a statement about what exists.
Economics aims to be a positive science since, by definition, science is a positive enterprise. Normative evaluation necessarily implies valuation of specific types of outcomes over others, which would invalidate typical economic analysis by defending theory by using philosophy, especially ethics, instead of mathematics, statistics, and logic. While normative evaluation is important in the application of economics, especially in the field of social welfare, it is considered taboo by economists to establish economic theory, rationally or empirically, on normative science.
1) it deals with human beings 2) it is a normative science
The most basic way of saying it is, Physics is science, economics isn't.
Typically, the degree is a masters of science in engineering. This specifies it is a master's degree with major in engineering. The master's of science is a degree category from which many specific programs of study fall.
Essentially, then, the scientific management movement emphasized a concern for output, while the behavioral science movement stressed a concern for relationships among workers.
Economics aims to be a positive science since, by definition, science is a positive enterprise. Normative evaluation necessarily implies valuation of specific types of outcomes over others, which would invalidate typical economic analysis by defending theory by using philosophy, especially ethics, instead of mathematics, statistics, and logic. While normative evaluation is important in the application of economics, especially in the field of social welfare, it is considered taboo by economists to establish economic theory, rationally or empirically, on normative science.
A positive theory is a theory that attempts to explain how the world is while a normative theory attempts to explain how the world should be. The theories are used together in different social science fields, including economics.
The study of ethics is a normative science. There is no absolute right or wrong. The ethical standards change from business to business and from one generation to the next.
There is no difference.
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There are allot of difference but the main difference is the science is discovered while the literature is invented
I don't see a difference really. the future will always involve science
All science is knowledge but not all knowledge is science.
nothing.
Engineer and Scientist
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yes physics is the study of the universe and science is science