What is the difference between normative analysis and positive analysis? Is economics concerned mainly with normative analysis

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What is the difference between normative analysis and positive analysis? Is economics concerned mainly with normative analysis or positive analysis? Briefly explain.

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 06:41 AM

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What is the difference between normative analysis and positive analysis? Is economics concerned mainly with normative analysis

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Positive economic analysis concerns what is that is it deals with how the economy actually behaves ...View the full answer

Economics

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