Question

Who of the following treated Economics as positive science?

• A. Marshall
• B. Robbins
• C. Pigou
• D. (A) and (C)

Answer 1

Answer: (B)

Robbins

Positive science describes the matter of the presence of the subject with proven facts and figures that needs to be taken into account before developing a subject.

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 an effective relationship between these wants and scarce means.