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Normative economics is based on

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Normative economics is based on

    • Posted by Mahak Agrawal 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Reshma Sree 7 years, 11 months ago

    Systematic study of what ought to be.. Value judgements Whether a particular mechanism is desirable or nt

    0Thank You

    Payal Rana 7 years, 11 months ago

    Or in simple words we can say normative economics is based on value judgement..

    1Thank You

    Payal Rana 7 years, 11 months ago

    Normative economics is school of thought which believes that economics as a subject should pass value statements, judgement and opinions on economic policies ,statement and project..

    2Thank You

    Gayatri Parashar 7 years, 11 months ago

    Opinions

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