answersLogoWhite

0

Positive economic analysis whether of a company or country should consist of sound relevant datas,covering the whole gamut of economic activities. It should cover the present scenario with past activities in mind and give a true,viable projection of the future outlook.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is a sentence contrasting positive and normative economic analysis?

write a sentence contrasting positive and normative economic analysis


What is difference between normative and positive economics?

Normative Economics is the branch of economic analysis that makes prescriptions about the way the economy should work. Positive Economics is the branch of economic analysis that describes the way the economy actually works. Thanks To Louguens Charles


Can economic analysis provide a final answer to the question of whether the government should intervene in markets by imposing price ceiling and price floors?

Economic analysis cannot provide such an answer because it seeks to address positive questions such as "what is."


When was Foundations of Economic Analysis created?

Foundations of Economic Analysis was created in 1947.


When was Bureau of Economic Analysis created?

Bureau of Economic Analysis was created in 1972.


What are The three pillars of economic analysis?

The three pillars of economic analysis are the choice, scarcity & coordination.


What is the positive and normative analysis in economics?

A positive analysis is a statement of what is. The truth. Purely descriptive statements or scientific predictions.A normative analysis is a statement of what ought to be. Analysis involving value judgments.


What is an economic analysis?

economic analysis is a analysis of current economic and financial status ,if iam going to make one project that will contribute on the welfare of our nation means economic analysis will help us to select and design the project for example government use eonomic analysis for detrminig the finantial status of our nation


What is the first thing you should do in conducting an economic analysis?

The first step in the process of conducting an economic analysis is to identify appropriate economic indicators for specific economic forecasts or trends.


What factor is the Marx analysis of economic inequality and poverty focusing on?

Marx's analysis of economic inequality focuses on the progressive tax system.


Economic analysis that derives from economic principles about an individual behaves or institutions act is called?

Economic growth


How does the field of real analysis intersect with economics and what implications does this have for economic theory and analysis?

Real analysis, a branch of mathematics, intersects with economics by providing tools to rigorously analyze economic models and theories. This intersection allows for a more precise understanding of economic phenomena, leading to more accurate predictions and policy recommendations. By applying real analysis techniques, economists can better assess the assumptions and implications of economic models, ultimately enhancing the quality of economic theory and analysis.