Facts, Opinions and Economic Reasoning
Facts, Opinions and Economic Reasoning
A positive statement is an objective claim about what is or what will happen. It can, in principle, be tested against evidence and shown to be supported or contradicted.
Step-by-step lessons on Edexcel A A Level Economics 1.1.2 Positive and normative economic statements. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.