What do you understand by positive economic analysis?
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What do you understand by positive economic analysis?
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Positive economic analysis is the study of what is or how an economic problem is solved via the examination of numerous positive statements and methods. To put it another way, it's also known as a cause-and-effect relationship. It expresses "what is."

These are true statements that explain what was, is, and will be in the future. These assertions may be examined, proven, or disproven, and they are free of personal value judgments. If someone states it's raining outside, for example, the truth of that assertion can be checked. It is concerned with real-life or realistic issues. Economic theory is regarded as pure science by economists such as Lionel Robbins. Other instances include India being an overpopulated country with a diversified economy, and so on.

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