conomics is an analytical science; however, there are a number of ways an economy can be arranged, and different economists have varied opinions on what this is. This is one aspect of “normative economics” — the economics of what people consider to be the best way to design an economy, and what economic measures should we take to get there. which of the approaches in the do you consider to be optimal, and why? what are the good aspects and what the problematic aspects of your choice?
Economics is an analytical science; however, there are a number of ways an economy can be arranged.what are the good aspects and what the problematic aspects of your choice?