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What is the study of the way things should be, rather than how they are? macroeconomics macroeconomics normative economics normative economics positive economics positive economics microeconomics microeconomics
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What is the study of the way things should be, rather than how they are?

macroeconomics
macroeconomics

normative economics
normative economics

positive economics
positive economics

microeconomics
microeconomics

User Igor Tkachenko
by
5.3k points

2 Answers

4 votes

Answer:

Normative: how the world ought to be.

Positive: describes how the world currently is.

Step-by-step explanation:

yea lol

User DerWeh
by
4.9k points
3 votes

Answer:

Normative economics

Step-by-step explanation:

It deals with objective fairness on what a system or economic policy should be.

User Konstantin Krass
by
4.5k points
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