Question

Is economics a positive science or a normative science? support your answer with example. Explain ​

Answer 1

Answer:

My opinion as a student of economy since 2002: The mainstream (neoclassical) economics as thought in most modern universities is neither a positive nor a normative science. It is a short-sighted pseudo-science that serves to the narrow interests of big global corporations, with its myths like economic growth, technological progress and job creation. You may read the articles of academics like Tom Green, Jack Reardon and Richard Norgaard for further information.

PLZ MARK AS BRIANLIEST,FLW ME AND THX FOR THE SUPERB QUESTION

Answer 2

Answer:

Generally,Economics as an academic discipline is considered as both positive and normative science. Explanation: Positive Science examines the fundamental causation or relation between various factors,components,events or phenomenon in the society or economy through empirical facts and data.