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How to pronounce “normative economics”
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Pronunciation guide for normative economics
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- Practice the English pronunciation of normative economics with real speech in context.
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- Definition summary
- (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."
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A Deep Dive Into “normative economics”
Meaning
- [Noun]
- (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."
Practice Nearby Words
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microeconomics, microeconomic, socioeconomics, socioeconomic, secretiveness, scientific name, sardonyx, solitariness, sominex, somniloquence