Principles of Economics scientist
positive and normative statements
positive statements: describe how world is
normative statements: how world ought to be
scientis just research about description of the world, and policy adviser is give a juidge. But positive views about how the world works affect normative views about what policies are desirable.
- positive statements are trying to explain how it works.
- Yet those who use economiccs often have normative goals: They want to learn how to improve the economy.