Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.


Do economists have any particular expertise at making normative arguments? In other words, they have expertise at making positive statements (i.e. what will happen) about some economic policy, for example, but do they have special expertise to judge whether or not the policy should be undertaken?

Sagot :

Yes, economists have expertise at making normative statements. The study of economics is only possible through reducing complex situations into simple models by using normative statements.
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.