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

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


=Transition period, Seperation, and their labeling=
=Transition period, Seperation, and their labeling=
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=Economics today (Positive) & its future=
=Economics today (Positive) & its future=
==Ethics and engineering==
==Ethics and engineering==
==Serious economics scholars vs. casual understanding==
==Caldwell==
==Caldwell==



Revision as of 20:04, 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

Serious economics scholars vs. casual understanding

Caldwell

What we learn from this

Consider both traditions

Works Cited