Normative or Positive Economics
Factories should be required to install clean air devices that protect the environment.
Normative
Includes opinions and ideals
Normative
Products that are harmful to consumers should be removed from the market by the government.
Normative
Senior citizens should pay less to go to the movies.
Normative
Should Coke be sold in high school vending machines?
Normative
Should college athletes be paid?
Normative
Should our country do more to help the poor?
Normative
The United States should end poverty.
Normative
The best way to address the lack of government funding is to raise taxes.
Normative
There may be no wrong or right opinions, but this helps us consider ideas
Normative
Allows for predictions by studying how one thing will affect another
Positive
Discusses cause and effect relationships
Positive
Discusses facts
Positive
Do people by more or less Coke as their incomes increase?
Positive
How do salary limits for professional soccer players affect team performance?
Positive
How many teenagers live in poverty?
Positive
Markets are collections of buyers and sellers.
Positive
Movie tickets cost $7.50 to see a first-run movie.
Positive
Resources are scarce.
Positive
Unemployment is a worse problem for society than inflation.
Positive