#khanacademyeconomics #positivestatements #normativestatements #economics

• Normative Statement

  • Normative statements talk about the unproven facts of economics and also theories which have no proper evidence, they are basically valuable economics information that lack evidence like theories and etc. It's mostly considered as a thought or a opinion

  • Example -: Government should provide healthcare to every citizen

• Positive Statement

  • Positive statements talk about economic facts and proven words of people

  • Example -: The demand for goods will increase when the price of goods decreases

• Analysing Certain Sentences And Finding Out The Type Of Statement

  • Raising Taxes On The Wealthy To Pay For The Government Programs To Grow The Economy

    • This statement can be called as a normative statement as it is considered irrational and not a equal way to treat people economically

• Economist On Normative And Positive Statements

  • Economists mostly try to test all the normative statements as it really interesting that certain normative statements have been called a positive statement in the last couple of years, there is certain evidence i could show.

  • Mostly economists use economic models and other past events to view the normative statements looking for a chance to pass it out as a positive statement

  • From political thoughts and protests certain positive statements have been converted to normative statements due to the political and social issues

• Conversion In Statements And Evidence

  • Normative statements can be converted into positive statements whereas positive statements can also be normative statements, these all conversions happen due to the precised view of economist and their proofs on the statements