Concept information
Preferred term
positive economics
Definition
- Economists have long subdivided their discipline into two branches: positive economics and welfare economics. Positive economics aims to be scientifically descriptive (what is) and predictive (what will be) of objective facts. [Source: Encyclopedia of Business Ethics and Society; Positive Economics]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-SSS43SCZ-X
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