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

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[[Introduction]]
[[Introduction: What are Positive and Normative Economics?]]


[[Normative Economics]]
[[Normative Economics]]

Revision as of 02:54, 1 May 2007

Introduction: What are Positive and Normative Economics?

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

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