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նորմատիվային տնտեսություն

Economics that tries to change the world, by suggesting policies for increasing economic welfare. The opposite of positive economics, which is content to try to describe the world as it is, rather than prescribe ways to make it better.

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Economics with a heart. The study of how different forms of economic activity and different methods of allocating scarce resources affect the well being of different individuals ...

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Although economists say that rationing is what the price mechanism does, what most people think of as rationing is an alternative to letting prices determine how scarce economic ...

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The interest rate less the rate of inflation.

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