Learning Contents:                                                              ·          Positive and Normative Statements ·          Positive and Normative Economics ·          Difference between Positive and Normative Economics Introduction Economists usually try to explain how the economy works and also concerned with how it should work. They are eager to research on various economic issues like finding the cause and effect of an economic issue. For e.g.   Why did unemployment increase in 2008 and 2009? They also make policy suggestions o...