"normative economics" meaning in English

See normative economics in All languages combined, or Wiktionary

Noun

Head templates: {{en-noun|-}} normative economics (uncountable)
  1. (economics) economic thought in which one applies moral beliefs, or judgment, claiming that an outcome is "good" or "bad". For example: "this tax on cigarettes will be good because it will reduce smoking." Tags: uncountable Coordinate_terms: positive economics Translations (economic theory): normatiivinen taloustiede (Finnish)
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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2026-03-25 from the enwiktionary dump dated 2026-03-03 using wiktextract (05c257f and 9d9a410). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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