Quizlet
or
There are no sets in this subject.
No groups found.
| positive economics definitions | |||
|---|---|---|---|
| # | Definition | Sets | |
| 1 | the part of economics involving what are established facts; the analysis of facts or data to establish scientific generalizations about economic behavior | 5 sets | |
| 2 | economics that state what is | 3 sets | |
| 3 | an approach to economics that seeks to understand behavior and the operation of systems without making judgments. it describes what exists and how it works. | 3 sets | |
| 4 | the branch of economic analysis that describes the way the economy actually works | 3 sets | |
| 5 | analysis that is strictly limited to making either purely descriptive statements or scientific predictions; for example, "if a, then b." a statement of what is | 2 sets | |
| 6 | the analysis of facts or data to establish scientific generalizations about economic behavior | 2 sets | |
| 7 | economic analysis that offers cause and effect explanations of economic relations, principles can be confirmed or refuted by data | 2 sets | |
| 8 | focus on facts/ cause and effect relationships description, theory develop, theory testing | 1 set | |
| 9 | the branch of economics that tries to explain the way the economy actually operates. it is the application of the scientific method and the process of testing hypothesis. this statement can be refuted by looking at the real world, that is testing hypotheses. is the consequence of applying the scientific method to economic phenomena. | 1 set | |
| 10 | the branch of economic analysis that describes the way the economy actually works. | 1 set | |
| 11 | tries to describe the economy and predict its behavior | 1 set | |
| 12 | focuses on facts in the economy | 1 set | |
| 13 | describing what is; economic facts | 1 set | |
| 14 | analysis that attempts to explain how an economic system works or to predict how it will change over time | 1 set | |
| 15 | attempts to describe what is, what was, or what will be | 1 set | |
| 16 | focuses on facts and cause-effect relationships. testable theories (by scientific method). critical to good policy analysis. | 1 set | |
| 17 | the branch of economic analysis that describes how economics works in reality | 1 set | |
| 18 | analysis that is strictly limited to making either purely descriptive statements or scientific predictions; what is | 1 set | |
| 19 | the study of what is and how the economy works | 1 set | |
| 20 | focuses on facts and cause and effect relationships; includes description, theory development, and theory testing | 1 set | |
| 21 | focuses on facts and cause-and-effect relationships, avoids value judgments, and deals with what the economy is actually like. it deals more with "what is" | 1 set | |
| 22 | the scientific study of "what is" among economic relationships. (what is) | 1 set | |
| 23 | focuses on the facts and cause-and-effect relationships. includes description, theory development, and theory testing. what is. | 1 set | |
| 24 | a subset of economics that analyzes the way the economy actually operates | 1 set | |
| 25 | analysis that tries to answer questions about the way the world works, which have definite right and wrong answers | 1 set | |
| 26 | descriptive, attempts to be value free, what if? | 1 set | |
| 27 | economic analysts that offers cause-and-effect explanations of economic relationships; the propositions, or hypotheses, that emerge from positive economics can, in principle, be confirmed or refuted by data; in principle, data can also be used to measure the magnitude of effects predicted by positive economics. | 1 set | |
| 28 | economics that describes how the economy behaves and predicts how it might change | 1 set | |
| 29 | deals with areas of the subject that are capable of being proven to be correct or not | 1 set | |
| 30 | part of the economy dealing with quesitons that can be resolved by an appeal to the fact (deals with "what is") | 1 set | |
| 31 | economics that describes how the economy behaves and predicts how it might change- for instance, in response to some policy change | 1 set | |
| 32 | attempts to determine what is. cause/effect relationships that can be tested. tests by facts what an effect will be from a given cause. | 1 set | |
| 33 | the scientific study of what is among economic relationships | 1 set | |
| 34 | focuses on facts and cause&effect relationships | 1 set | |
| 35 | the analysis of facts or data to establish scientific generalizations about economic behavior (what is) | 1 set | |
| 36 | what is | 1 set | |
| 37 | an approach to economics that seeks to understand behavior and the operation of systems without making judgments. it describes what exists and how it works | 1 set | |
| 38 | the study of what is. this type of economics is descriptive, deductive, and scientifically factual. | 1 set | |
| 39 | focuses on, what-is and what-would happen, if policy issues | 1 set | |
| 40 | examine the behavior of economics | 1 set | |