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Positive economics

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  • Positive economics — is the branch of economics that concerns the description and explanation of economic phenomena (Wong, 1987, p. 920). It focuses on facts and cause and effect relationships and includes the development and testing of economics theories. Earlier… …   Wikipedia

  • Positive Economics — The study of economics based on objective analysis. Most economists today focus on positive economic analysis, which uses what is and what has been occurring in an economy as the basis for any statements about the future. Positive economics… …   Investment dictionary

  • positive economics — noun The branch of economics that concerns the description and explanation of economic phenomena and their causal relationships Ant: normative economics …   Wiktionary

  • Essays in Positive Economics — Milton Friedman s book Essays in Positive Economics (1953) is a collection of earlier articles by the author with as its lead an original essay The Methodology of Positive Economics, on which this article focuses. Contents 1 The Methodology of… …   Wikipedia

  • Positive — is a property of positivity and may refer to: Mathematics and science * Positive number, a number that is greater than 0 * Positive operator, in functional analysis, a bounded linear operator whose spectrum consists of positive real numbers *… …   Wikipedia

  • Economics — This article is about the social science. For other uses, see Economics (disambiguation). For a topical guide to this subject, see Outline of economics. Economics …   Wikipedia

  • economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …   Universalium

  • Positive statement — In economics and philosophy, a positive statement concerns what is, and contains no indication of approval or disapproval. A positive statement can be factually incorrect: The moon is made of black and gold cheese is false, but a positive… …   Wikipedia

  • Positive science — In the humanities and social sciences, the term positive is used in a number of ways.One usage refers to analysis or theories which only attempt to describe how things are, as opposed to how they should be. In this sense, the opposite of positive …   Wikipedia

  • Positive accounting — is the branch of academic research in accounting that seeks to explain and predict actual accounting practices. This contrasts with normative accounting, that seeks to derive and prescribe optimal accounting standards.Positive accounting can be… …   Wikipedia

  • Economics of global warming — This article describes the economics of global warming and climate change. Contents 1 Definitions 2 Climate change science 3 Scenarios 4 Trends and projections …   Wikipedia


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