Positive Economic

Author Topic: Positive Economic  (Read 473 times)

Offline Md. Alamgir Hossan

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Positive Economic
« on: April 15, 2017, 04:48:06 PM »
Positive Economic:  When accept the whole theory of Economic it’s call the Positive Economic.

For example, the statement, "government should provide basic healthcare to all citizens" is a normative economic statement. There is no way to prove whether government "should" provide healthcare; this statement is based on opinions about the role of government in individuals' lives, the importance of healthcare and who should pay for it.