Group 3: Normative and Positive Traditions in Economics
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Contents
1
Introduction
1.1
Normative Economics
1.1.1
Definition
1.1.2
Famous Normative Economists
1.2
Positive Economics
1.2.1
Definition
1.2.2
Graphs
1.3
What the classicals said
1.4
Merits of considering both traditions=
1.5
When the terms started to be used
1.6
Economics today (Positive) & its future
1.6.1
Ethics and engineering
1.7
Works Cited
Introduction
Normative Economics
Definition
Famous Normative Economists
Positive Economics
Definition
Graphs
What the classicals said
Merits of considering both traditions=
When the terms started to be used
Economics today (Positive) & its future
Ethics and engineering
Works Cited
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