what is positive economics
Answers
Answered by
2
Answer:
A branch of economics
Explanation:
Positive economics is the branch of economics that concerns the description, quantification and explanation of economic phenomena. It focuses on facts and cause-and-effect behavioral relationships and notes that economic theories must be consistent with existing observations.
Answered by
4
Answe
Positive economics is the branch of economics concerned with describing and explaining economic phenomena. It focuses on facts and behavioural relationships of cause and effect and includes the development and testing of economic theories
Similar questions