Question

Explain the nature of economics as a positive and normative science?​

Answer 1

Explanation:

Economics is often divided into two major aspects: positive and normative. Positive economics explains how the world works. It is concerned with what is, rather than with what ought to be. Normative economics is concerned with what ought to be rather than what is. It proposes solutions to society's economic problems.

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Answer 2

Answer:

positive economic science refer to science it based on data and facts . normative economic is described as a science based in a opinion values and judgement . positive economic explain causes and effects relational ship variables. normative economic pass value judgement