Call toll free: + 1 (304) 900-6629 or Request a call

Explain the difference between positive and normative economics.

Explain the difference between positive and normative economics. Give a real-time example of each that you found in doing some outside research. After doing some additional research on your own along with the assigned reading on public goods, answer the following questions: What are the two main characteristics of this type of good? What is the biggest “problem” with allocating public goods? Do you think the government should have a role in allocating public goods, or should goods be privatized? Here’s a great site that offers definitions and examples of economic terms literally from A to Z;

Additional Reading:

Introduction to Economics, Khan Academy video, created by Sal Khan, 2012 There is a transcript available that accompanies the video. To view it, click “Transcript” directly beneath the “Introduction to economics” title beneath the video screen. Use the ‘TinyURL’ to access the video: If it is not working, here is the full URL: What is Economics and Why Is It Important, Creative Commons article, by Phil Schatz, OpenStax College, Economics. OpenStax CNX, (n.d.) When you have read the article, scroll to “Glossary” and ensure you have a good working knowledge of the terms. Use the “TinyURL” to access the article: If it is not working, here is the full URL: Principles of Microeconomics, Video lecture (34:14) presented by Professor Jon Gruber, MIT, 2012

#Explain #difference #positive #normative #economics

Table of Contents

Calculate your order
Pages (275 words)
Standard price: $0.00

Latest Reviews

Impressed with the sample above? Wait there is more

Related Questions

Guide To Getting It On Unzipped

 Description GTGIO assignment: 1. Choose a lecture/textbook topic to write on. Select one or more chapters related to that topic (minimum of 20 pages of

Historical Conversations Project

Description This is a list of required elements of the 1700-word (6-7 pages of text) HCP essay: Clear argument identifying a significant and precisely defined

Healthcare Management Videos

 Description *****2 scholarly references for each video question, please number the answers ***** Link to video #1 Read your text and view video 1

New questions

Don't Let Questions or Concerns Hold You Back - Make a Free Inquiry Now!