Normative science
Economics is Positive science. It is

defined as a body of systematized
knowledge concerning what is. 
The objective of a positive science is
the establishment of uniformities 
It deals with things as they are. It

explains their causes & effects.

This ppt is regarding positive and normative science

  • 1.
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    Economics is Positivescience. It is  defined as a body of systematized knowledge concerning what is.  The objective of a positive science is the establishment of uniformities  It deals with things as they are. It  explains their causes & effects.