Question

what do you mean by positve economics​

Answer 1

Positive economics (as opposed to normative economics) is the branch of economics that concerns the description and explanation of economic phenomena.[1] It focuses on facts and cause-and-effect behavioral relationships and includes the development and testing of economic theories.[2] An earlier term was value-free (German: wertfrei) economics. Positive economics as science, concerns analysis of economic behavior.[3] Positive economics concerns what is. To illustrate, an example of a positive economic statement is as follows: "The unemployment rate in France is higher than that in the United States." Another is: “An increase in government spending would lower the unemployment rate.” Either of these is potentially falsifiable. In contrast, a normative statement is, for example, “Government spending should be increased.”

Answer 2

Explanation:

Positive economics uses objective analysis in the study of economics.

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