Difference between revisions of "Normative statement"

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(Definitions)
(Definitions)
 
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:'''[[Normative statements]]'''. Statements that describe how the world should be.
 
:'''[[Normative statements]]'''. Statements that describe how the world should be.
  
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==See also==
  
[[Category: Economics]][[Category: Articles]]
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===Related lectures===
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:*[[Narrated Fact vs Opinion]].
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[[Category: CNM Cyber Placement]][[Category: Economics]][[Category: Articles]]

Latest revision as of 22:15, 18 November 2020

A normative statement is one's statement that describe how the world should be, how things are designed to be, how actions normally are, and so on.


Definitions

According to Principles of Economics by Timothy Taylor (3rd edition),

Normative statements. Statements that describe how the world should be.

See also

Related lectures