Group 3: Normative and Positive Traditions in Economics

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"We must be prepared to study not merely economic principles and applied economics; we must be prepared to study many other disciplines. ...We must study political philosophy. ...We must study history which, if it gives no rules for action, so much enlarges our conception of possibilities."[5] ~Lionel C. Robbins

By James Morris and Ryan Voorhees

Home | Introduction | Normative Economics | Positive Economics | What the classicals said | Transition | Economics today (Positive) & its future | What we learn from this | Conclusion | Works Cited