Briefly comment on the statement "Economist apply the logic of science to examine
how an economy works"
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Other broad distinctions within economics include those between positive economics, describing "what is", and normative economics, advocating "what ought to be"; between economic theory and applied economics; between rational and behavioural economics; and between mainstream economics and heterodox economics.
Economic analysis can be applied throughout society, in real estate,[6] business,[7] finance, health care[8],engineering[9] and government.[10] Economic analysis is sometimes also applied to such diverse subjects as crime, education, the family, law, politics, religion, social institutions, war,[13] science, and the environment.
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