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Intro to positive and normative statements in economics
📝 My Notes
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Intro to positive and normative statements in economics
1:28
About this lesson
- Can be tested, changed or rejected
- Example
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Video 1 of 8
Intro to positive and normative statements in economics
1 min
• Selected
Understanding normative statements and why they cannot be tested
2 min
Ceteris paribus: Unscrambling cause and effect in economics
4 min
Identifying "poverty is the most serious economic problem" as normative
2 min
Classifying "the government should ban smoking" as normative
1 min
Classifying an income tax statement as positive or normative
2 min
Defining ceteris paribus: multiple-choice walkthrough
2 min
Fill in the blank: constant factors and investigating effect
2 min