4. Normative vs. Positive (The Wide Scope of Economics)

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Uploaded by on Sep 19, 2009

In this lecture, I discuss (1) the difference between positive and normative questions in the context of unconventional markets, and (2) the wide applicability of microeconomics to any activity where there is scarcity.


Check out a description of my teaching activities here:

www.tonycookson.com/teaching

Check out a list of the videos in this series (organized by topic) here:

http://blog.thisyoungeconomist.com/p/learn-microeconomics.html

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Education

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Top Comments

  • Thanks for the time you spent posting your teachings. I appreciate it very much.

  • @brianthomasbaker2000 haha hes married though

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All Comments (10)

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  • @SsToTheSizzle by the way you should make these videos into a playlist, so they automatically play at the end of one another.

  • you are the man, my kind of lecture.

  • You're better than my teacher!

  • @livluvlive I was wondering when someone would notice and comment on that. :) I guess it took 5 months. In light of your comment, I guess I don't have to worry too much about AIDS....

  • With that shirt I think this guy has to worry about having sex and has no possibility of contracting Aids

  • This has got to be the best microeconomic lecture ever xD

    Thank you so much for taking the time to do so =)

  • That shirt rocks!

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