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Noun: positive economics
  1. The branch of economics that concerns the description and explanation of economic phenomena.
    "There is a large part of the economics of education that is explicitly about the development of a positive economics of the demand for schooling that has no policy implications, even if NAP were true."

Type of: economic science, economics, political economy

Encyclopedia: Positive economics

Nearest

positional representation system
positioner
positioning
positive
positive adverb
positive balance
positive charge
positive chemotaxis
positive correlation
positive degree
positive economics
positive feedback
positive fraud
positive identification
positive magnetic pole
positive muon
positive pole
positive reinforcer
positive reinforcing stimulus
positive stimulus
positive-degree adverb