bn:03325609n
Noun Concept
Categories: Welfare economics, Economic methodology
EN
normative economics
EN
A part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. Open English WordNet
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EN
A part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. Open English WordNet
Normative economics is the part of economics that deals with normative statements. Wikipedia
A branch of economics that incorporates value judgments Wikipedia Disambiguation
Part of economics that expresses value judgments about economic fairness Wikidata
EN
Normative economics, in contrast, becomes arbitrary and unmotivated unless it attributes largely self-interested preferences to people. Open English WordNet
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