Topics
Value Judgements
Value judgments in economics refer to subjective assessments or opinions that involve personal or societal beliefs, preferences, or ethical considerations. They involve making normative statements about what is considered good or bad, desirable or undesirable, fair or unfair.
See also
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What are normative statements in Economics?
Study Notes
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Value Judgements
Topic Videos
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Positive and Normative Statements
Topic Videos
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Teaching Activity | Economic Options and Choices (Scarcity and Opportunity Cost)
Teaching Activities
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Explaining Merit Goods
Study Notes