No products in the cart.

Give one example each for positive …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Give one example each for positive and normative economics

Posted by Dhiya Renfin 6 years, 5 months ago

CBSE > Class 11 > Economics

1 answers

Sia ? 6 years, 5 months ago

Basis	Positive Economics	Normative Economics
Meaning	It deals with laws, Principles, theories and facts of economics.	It deals with opinions, policy evaluation and idealistic part of economics.
Reality vs. Idealism	It deals with reality, i.e. 'what is'.	It deals with idealistic situation, i.e. 'What ought to be'
Value Judgments	No value judgments are associated with positive economics.	value judgments are associated with normative economics.
Example	(a) There is inverse relation between price and quantity demanded, other things being equal. (b) In India, 34 % marginal farmers are living below poverty line. (c) MGNREGA was launched in 2005.	(a) Globalization is widening the gap between the rich and the poor. (b) Poverty is worse than unemployment. (c) Price rise is disastrous for the economy. (d) We should not give subsidies on fertilizers.

ANSWER

https://examin8.com

Test

Related Questions

Notes

Posted by Maryam Ayaz 1 year, 4 months ago

CBSE > Class 11 > Economics

0 answers

Define market demand explain the factors that affect it class 11th microeconomics

Posted by Mahi Bansal 1 year, 4 months ago

CBSE > Class 11 > Economics

0 answers

Production include all those activity which are Undertaker to produce good and services for the generation of income by enhancing the utility of dash and dash

Posted by Himanshi Rathore 1 year, 4 months ago

CBSE > Class 11 > Economics

0 answers

Featured of ur

Posted by Meet Gangwal 1 year, 4 months ago

CBSE > Class 11 > Economics

1 answers

Different between primary and secondary data

Posted by Shiv Narayan Kumar 1 year, 4 months ago

CBSE > Class 11 > Economics

1 answers

The following news was printed in the Economic Times: "Narrow petrol-diesel price gap and higher price of diesel cars alter buyer preference." Explain this statements linking it to the concept of elasticity of demand. Open in App

Posted by Sneha Badhwar 1 year, 4 months ago

CBSE > Class 11 > Economics

0 answers

I want statistics economics numerical questions of chapter 4 Organisation of data of writer RADHA BAHUGUNA book

Posted by Mansi Patel 1 year, 4 months ago

CBSE > Class 11 > Economics

0 answers

What is difference between table and tabulation?

Posted by Vivek Saroj 1 year, 4 months ago

CBSE > Class 11 > Economics

0 answers

Features of ur

Posted by Meet Gangwal 1 year, 4 months ago

CBSE > Class 11 > Economics

0 answers

find arithmetic mean of following distribution_marks 0-4 4-8 8-12 12-16 no. Of students 4 8 2 1

Posted by Charvi Charvi 1 year, 4 months ago

CBSE > Class 11 > Economics

0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App