Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Introduction

Question:

Which of the following deals with the “Opinions” of the economists?

 

Options:

Normative economics

Primary economics

Statistical economics 

None of the above

Correct Answer:

Normative economics

Explanation:

Normative economics is the economics of "What ought to be". It deals with the "opinions" of the economists related to the economic problems. Different economists may offer different opinions on the solution to an economic problem.