we say economists or social scientists are doing positive analysis when they: question 10 options: focus on policies and rhetori
c that encourage people to be optimistic about the future. look for regularities and principles that can help show how the economy works. claim that there is no value-free social science so articulating one's values is important. try to improve the welfare of all citizens
The topic referred to above is Positive Economics.
Positive economics: It is the study of economics through an objective and analytical perspective. Most economists enumerate their future predictions on their past and present experiences i.e. what has already happened and what is happening in a particular economy. This investigation process is economically very advantageous.
Advantages of Positive Economics:
Policymakers can use positive economic theory to execute normative value judgments.
To learn more about Positive Economics, visit the following link:
The important consideration for this company is that they
should think or have at least the idea of the patents, trade secrets and
copyrights are being treated differently by the countries in which is one way
of helping them of how they should struggle or do their way of doing things.
