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What is Normative Economics?

+2 votes

asked Mar 8, 2019 in Economics by kratos

What is Normative Economics?

class-12
class-11
introduction to micro economics

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1 Answer

+5 votes

answered Jul 6, 2020 by kratos

Best answer

The Normative Economics studies ‘what ought to be’. It explains about ‘what should be and should not be done’.

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