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 | Economics Today & Its Future | Conclusion | Works Cited