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Positive-Normative Economics and their Key Differences
Lesson 4 of 7 • 4 upvotes • 9:51mins
Garvita Pal
This lesson covers the meaning of Positive and Normative economics and the basic differences between the two . It is useful for all those appearing for class 11, BCom MCom , CA foundation and CS foundation.
Basic Concepts of Microeconomics - Class 11
7 lessons • 1h 6m
1
Branches of Economics
8:13mins
2
Economy and its Kinds
10:26mins
3
Central Problems of an Economy
9:50mins
4
Positive-Normative Economics and their Key Differences
9:51mins
5
Quick Revision of Basic Concepts of Microeconomics
11:38mins
6
Opportunity cost and Marginal Opportunity cost .
8:55mins
7
Production Possibility Curve.
7:41mins
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