Normative Economics: Difference between revisions
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<center>[[Group 3: Normative and Positive Traditions in Economics|Home]] | [[Introduction: What are Positive and Normative Economics?|Introduction]] | [[Normative Economics]] | [[Positive Economics]] | [[What the classicals said]] | [[Transition period, Seperation, and their labeling|Transition]] | [[Economics today (Positive) & its future]] | [[What we learn from this]] | [[Conclusion]] | [[Sources and Works Cited|Works Cited]]</center> | |||
==Definition== | ==Definition== | ||
1) A body of systematized knowledge discussing criteria of what ought to be [[Works Cited|[1]]] | 1) A body of systematized knowledge discussing criteria of what ought to be [[Works Cited|[1]]] | ||
Revision as of 04:38, 1 May 2007
Definition
1) A body of systematized knowledge discussing criteria of what ought to be [1]
2) Economics that tries to change the world by suggesting policies for increasing economic welfare
