Question

Define economics as a normative science.

Answer 1

Normative economics is a perspective on economics that reflects normative judgments or opinionated reactions toward economic projects, statements, and scenarios. Unlike positive economics, normative economics heavily concerns itself with value judgments and theoretical scenarios and economic statements that present "what ought to be" rather than facts and cause-and-effect statements. Normative economics expresses judgments about what may result of economic activities if public policy changes are done.