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What is Normative economic?

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What is Normative economic?

Posted by Sanskriti Mishra 7 years ago

CBSE > Class 12 > Economics

2 answers

Mariya Aasim 6 years, 10 months ago

normative economics is the study of that economic wchich deals with what is ought to be .It does nit deal with actual facts and figures.

Meghna Surana 7 years ago

Normative Economics deals with what ought to be or how the Economic problem SHOULD be solved.

eg: 1. Prices SHOULD not rise.

2. India SHOULD not be an overpopulated country.

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