Difference between revisions of "Normative statement"
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
− | :[[Normative statements]]. Statements that describe how the world should be. | + | :'''[[Normative statements]]'''. Statements that describe how the world should be. |
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] |
Revision as of 22:51, 12 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.