Question

As per Robbins definition, economics is a _______________.

• A. normative science
• B. positive science
• C. negative science
• D. positive art

Answer 1

Answer: (B)

positive science

Lionel Robbins was a British economist who proposed a scientifically positive definition on economics where he emphasized on making choices by the study of human behaviour from various alternative uses of the scarce resources in order to maximize the satisfaction of most of the unlimited wants in the economy by setting up a positive relationship between these wants and scarce means.