What is positive economics and examples

Positive economics says what factually is, while normative economics tries to indoctrinate what should be.Positive economics is the scientific branch of economics that is objective and fact based.In comparison, negative externalities are a cost of production or consumption.Contrarily, the statement 'the unemployment rate is too high' is a normative economic statement.Positive economics is descriptive, but normative economics is prescriptive.

An example of a positive economic claim would be:Positive economics, unlike normative economics, is all about causes and effects, behavioral relationships, and the proven facts that are involved in the development and evolution of economic theories.It does not focus on how things should be instead of how it should be or trying to alter it.What is an example of a normative.For example , the statement, government should provide basic healthcare to all citizens is a normative economic statement.

However, some examples of positive economics are.History provides many examples of how new theories have been formulated without apparent awareness of the work of earlier economists.Positive economics is economics which restricts itself to factual statements or predictions, rather than attempting to judge whether a given situation or outcome is good or not.Most economists today focus on positive economic analysis, which uses what is and what has been occurring in an economy as.Positive economics is that perspective of economics which studies the facts of life.

For example, the statement, government should provide basic healthcare to all citizens is a normative economic statement.For example, pollution is a negative externality that results from.