normative vs. positive economics
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Related concepts
Concepts that appear alongside normative vs. positive economics across episodes.
- center and periphery
- capital accumulation
- natural order of things (adam smith)
- wealth of nations
- washington consensus
- structuralist development theory
- declining terms of trade (prebisch)
- public vs. private investment efficiency
- unequal exchange
- malthusian trap
- marxist/dependency theory
- enclave economy
- laissez-faire
- globalization
- self-regulating market system
- heterodox economics
- neoclassical growth theory
- anomalies in economics
- development economics
- tariff protection