normative volkswirtschaftslehre

listen to the pronunciation of normative volkswirtschaftslehre
Английский Язык - Турецкий язык

Определение normative volkswirtschaftslehre в Английский Язык Турецкий язык словарь

normative economics
normatif iktisat
normative economics
(Ticaret) normatif ekonomi
Немецкий Язык - Английский Язык
normative economics
economic thought in which one applies moral beliefs, or judgment, claiming that an outcome is "good" or "bad". For example "this tax on cigarettes will be good because it will reduce smoking." Contrast with positive economics
Normative economics is the branch of economics that incorporates value judgments about what the economy should be like or what particular policy actions should be recommended to achieve a desirable goal. Normative economics looks at the desirability of certain aspects of the economy. It underlies expressions of support for particular economic policies