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normative economics

listen to the pronunciation of normative economics
الإنجليزية - التركية
normatif iktisat
(Ticaret) normatif ekonomi
الإنجليزية - الإنجليزية
economic thought in which one applies moral beliefs, or judgment, claiming that an outcome is "good" or "bad". For example "this tax on cigarettes will be good because it will reduce smoking." Contrast with positive economics
Normative economics is the branch of economics that incorporates value judgments about what the economy should be like or what particular policy actions should be recommended to achieve a desirable goal. Normative economics looks at the desirability of certain aspects of the economy. It underlies expressions of support for particular economic policies
normative economics

    الواصلة

    nor·ma·tive e·co·nom·ics

    التركية النطق

    nôrmıtîv ikınämîks

    النطق

    /ˈnôrmətəv ˌēkəˈnäməks/ /ˈnɔːrmətɪv ˌiːkəˈnɑːmɪks/
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