Positive vs Normative
In Economics it is crucial that we can distinguish between Positive and Normative analysis.
Positive Analysis - This is factual analysis or the analysis of “What is”
Normative Analysis - These are opinion-based analysis or “What should be”
We need both Positive and Normative Analysis
So what happens if you disagree with their policies?
Can you distinguish the positive statements from the normative statements?
9 sample questions where students decide if it is Positive or Normative.
This PPT is mainly pictures and words. I put a script in the memo so teachers will be able to simply teach this basic economic principle.
While all my economic PPTs on the surface seem very simple.. however, This PPT and all PPTs are not to be the center stage in the lesson.. It is used to promote learning at what ever level your students are.
If you have any problems or suggestions for new economic topics please contact me and I will fix the problem or design a new PPT per request.