Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Introduction

Question:

Which of the following deals with “Facts and figures”?

        

Options:

Positive economics 

Normative economics  

Micro economics 

Welfare economics

Correct Answer:

Positive economics 

Explanation:

Positive economics deals with the economic issues relating to past, present or future. It deals with such economic situations which can be studied with the help of "Facts and figures". For example: India comprises of 138 crores of people will be considered under positive economics.