Normative Economics: Difference between revisions

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==Definition==
==Definition==
1) A body of systematized knowledge discussing criteria of what ought to be [[Works Cited Page|[1]]]  
1) A body of systematized knowledge discussing criteria of what ought to be [[Works Cited|[1]]]  


2) Economics that tries to change the world by suggesting policies for increasing economic welfare
2) Economics that tries to change the world by suggesting policies for increasing economic welfare
==History==
==History==
==Famous Normative Economists==
==Famous Normative Economists==

Revision as of 03:21, 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

History

Famous Normative Economists