My name is Amanda Missigman. I'm originally from New Jersey, but currently living in Orlando, Florida and enjoying every minute in the sunshine state. At SNHU, I am studying business with a concentration in marketing. My goal is to work in the fashion marketing industry.

Positive analysis involves a more scientific or objective explanation of how things work. It focuses on facts that can be tested or verified which explain what was, what is, and what will be. An example of a positive statement is "the demand for a good will increase if the price of the good decreases."

Normative analysis is the study of how economic problems faced by society should be solved. It is subjective and based on personal value judgement, so it cannot be tested. An example of a normative statement is "the government should raise minimum wage to $15.00/hour."

Select two or more initial posts that contain different current news examples (normative versus positive), and contrast your example with those of your peers. What makes the examples different? How do those differences relate to the different roles that an economist plays as a scientist and policy advisor? 

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Positive Analysis Positive analysis in economics involves objective factbased explanations of economic phenomena It focuses on what is what was and wh... View the full answer