| 초록 |
This article aims at understanding the methodological differences between positive and applied economics. Applied economics is to make prescriptions for solving practical problems or policy recommendations based on both positive and normative knowledge. For last half century, applied economics has been largely restricted because of logical positivism to deny both the value aspects of economics and the realities of policy making. Two intentions are to improve problem-solving ability of applied economics and to have therapeutic effects that is forcing economists to explicate their value judgements.
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