Economy, asked by qazwsxedcr5795, 11 months ago

Normative economics deals with judgments in order to arrive at ___ _____ conclusion

Answers

Answered by sweetu26
0
normative economics is the personal judgements .. it cant be proved.. sometimes it leads to big controversies also
Answered by KomalSrinivas
2

Answer:

Normative economics deals with judgments in order to arrive at a desired opinion-based conclusion.

Explanation:

The basic aspect of normative economics is to deal with situations that can happen or is ought to happen. This is one by seeking opinions and considers the fact that people "ought to" work for it.

For example, people always look for improvement in terms of economy and other spheres. They work hard for it. There are economic programs and the objective of normative economics is top try out for solution.

Similar questions