Group 3: Normative and Positive Traditions in Economics: Difference between revisions

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=Introduction=
=Introduction=


==Normative Economics==
=Normative Economics=
===Definition===
==Definition==
===Famous Normative Economists===
==Famous Normative Economists==


==Positive Economics==
=Positive Economics=
===Definition===
==Definition==
===Graphs===
==Famous Positive Economists==
==Graphs==


==What the classicals said==
=What the classicals said=
==Merits of considering both traditions===
=Merits of considering both traditions==


==When the terms started to be used==
=Transition period, Seperation, and their labeling=
==Friedman==


==Economics today (Positive) & its future==
=Economics today (Positive) & its future=
===Ethics and engineering===
==Ethics and engineering==
==Caldwell==


==Works Cited==
=What we learn from this=
==Consider both traditions==
 
=Works Cited=

Revision as of 19:49, 22 April 2007

Introduction

Normative Economics

Definition

Famous Normative Economists

Positive Economics

Definition

Famous Positive Economists

Graphs

What the classicals said

Merits of considering both traditions=

Transition period, Seperation, and their labeling

Friedman

Economics today (Positive) & its future

Ethics and engineering

Caldwell

What we learn from this

Consider both traditions

Works Cited