Tutorial 2 (Topic 2: Thinking like an Economist) 1. i) What is meant by positive analysis and normative analysis? ii) Classify each of the following statements as positive or normative. Explain. a) Society faces a short-run trade-off between inflation and unemployment. b) A reduction in the rate of money growth will reduce the rate of inflation. c) Bank Negara Malaysia (BNM – Central Bank) should reduce the rate of money growth.
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Production–possibility frontier In economics‚ a production–possibility frontier (PPF)‚ sometimes called a production–possibility curve‚ production-possibility boundary or product transformation curve‚ is a graph that compares the production rates of two commodities that use the same fixed total of the factors of production. Graphically bounding the production set‚ the PPF curve shows the maximum specified production level of one commodity that results given the production level of the other. By
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traced back to the logical positivism of the Vienna Circle and the writings of Auguste Comte in the nineteenth century (Sanders‚ 2010). However from the 1970s‚ there emerged a growing dissatisfaction with behaviouralism and a revival of interest in normative questions‚ as seen in the writings of theorists such as John Rawls and Robert Nozick (Heywood‚ 2002). This debate over the nature of politics‚ which is reflected in the different stages of development of the discipline‚ continues till date. But before
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Critically assess the tenets of democratic peace theory The impression that democratic countries are known to be more peaceful than non- democratic countries have been argued by most theorists‚ who have brought about the liberal understanding of international politics. This is understood by Immanuel Kant’s edition of democratic peace theory; DPT (Shimko 2009). This composition critically analyses the democratic peace theory that is comprehensively argued by theorists and academics‚ studied by
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themselves to the new post-ToL institutional setting and secondly‚ how those adaptations have influenced the ongoing bilateral trade negotiations? To answer those questions‚ author utilizes two strands of new institutionalism: rational choice and normative institutionalisms which have been chosen due to their explanatory value regarding inter-institutional relations. Qualitative research methods‚ moreover case study as a pivotal tool is used. The case study concerns itself with the ongoing EU-India
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References: Quintelier‚ K. J. P.‚ & Fessler‚ D. M. T. (2012). Varying versions of moral relativism: the philosophy and psychology of normative relativism. Biology & Philosophy‚ 27(1)‚ 95+. Retrieved from http://go.galegroup.com/ps/i.do?id=GALE%7CA331807457&v=2.1&u=oran95108&it=r&p=AONE&sw=w Reno‚ R. (2012). Relativism ’s moral mission. First Things: A Monthly Journal of Religion and Public
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forms of normative ethics. The purpose of this essay is to address some similarities as well as differences between the virtue theory‚ utilitarianism‚ and demonological ethics. This essay will describe the differences between how the theories addresses ethics and morality. I will include a personal experience to explain the relationship between virtue‚ values‚ and moral concepts to one of the theories. Virtue ethics‚ utilitarianism‚ and demonological ethics are three main forms of normative ethics
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political systems and regimes is basically the combination of similarities and differences into different categories by the means of descriptive analysis. Classification has many purposes‚ one of them is‚ making analyzation based on qualitative and normative judgments possible. What used to be the political world’s classification‚ “three worlds” typology‚ no longer exists. Andrew Heywood came out with a new classification of the systems of the modern world by grouping these systems into five major categories:
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1.Explain Ani’s behaviour in terms of compliance. (2 marks) Ani’s behaviours would be classed as normative social influence because he was watching people and he changed his behaviour to fit in within the group‚ this would mean that he is publically agreeing but privately he does not agree‚ this shows normative social influence. 2. The following phrases refer to different types of conformity. Select the two phrases that describe internalisation. Highlight two only. C The beliefs of the group become
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International Journal of Business and Social Science Vol. 2 No. 14 www.ijbssnet.com Cognition and Impact of Modernization in Changing Normative Structure of Family System (A Case Study) Shakeela Ibrahim COMSATS Institute of Information Technology‚ Islamabad Pakistan E-mail: shakeela_ibrahim@comsats.edu.pk Manshoor Hussain Abbasi (Corresponding Author) Department of Humanities Faculty Block No 1‚ 3rd Floor COMSATS Institute of Information Technology Park Road Chakshahzad Islamabad‚ Pakistan Email:
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