UPSC Exam  >  UPSC Questions  >  “Economics is what it ought to be&rdquo... Start Learning for Free
“Economics is what it ought to be”. This statement refers to
  • a)
    normative economics    
  • b)
    positive economics    
  • c)
    monetary economics    
  • d)
    fiscal economics
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
“Economics is what it ought to be”. This statement refers ...
Some possible first names for the surname "Burns" could include:

1. James Burns
2. Elizabeth Burns
3. William Burns
4. Sarah Burns
5. Michael Burns
6. Jessica Burns
7. David Burns
8. Emily Burns
9. Daniel Burns
10. Samantha Burns
Free Test
Community Answer
“Economics is what it ought to be”. This statement refers ...
Normative economics (as opposed to positive economics) is a part of economicsthat expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be.
Explore Courses for UPSC exam

Top Courses for UPSC

“Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer?
Question Description
“Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about “Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for “Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer?.
Solutions for “Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of “Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of “Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for “Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of “Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice “Economics is what it ought to be”. This statement refers toa)normative economics b)positive economics c)monetary economics d)fiscal economicsCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev