normative economics vs economic science
economic science vs normative economicsnormative economics and economic science both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| normative economics | Yes | No | No | No |
| economic science | Yes | No | No | No |
As nouns,
economic science is a hypernym of
normative economics; that is, economic science is a
word with a broader meaning than normative economics:
- normative economics: a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be.
- economic science: the branch of social science that deals with the production and distribution and consumption of goods and services and their management
Other hypernyms of normative economics include
economics, political economy.
| normative economics (noun) | economic science (noun) |
|---|---|
| a part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy or goals of public policy ought to be. | the branch of social science that deals with the production and distribution and consumption of goods and services and their management |
Words related to "normative economics"
Words related to "economic science"
- Gresham's Law
- capital account
- constitutional economics
- consumption
- deflationary
- easy
- econometrics
- economic consumption
- economic theory
- economics
- finance
- game theory
- inflationary
- macroeconomics
- managerial economics
- marginal utility
- microeconomics
- monopoly
- monopsony
- moral hazard
- nominal
- normative economics
- oligopoly
- political economy
- positive economics
- production
- productivity
- real
- rent seeking
- rent-seeking
- social science
- spillover
- supply-side economics
- theory of games
- tight
- transaction cost
- usance
- use
- use of goods and services
- utility
© WordCmp.com 2024,
CC-BY 4.0 / CC-BY-SA 3.0.