Here are the guidelines:

Of course, many analysts study economic events when they arise, such as a recession. They collect data, research trends, and make statements regarding issues. There are two types of statements they make. A positive statement describes facts. It can be proven through data. On the other hand, a normative statement contains value judgement. It is what should be. More than often, they are intertwined within a person's set of beliefs (Mankiw, 2021). An example of a normative statement would be Congress should raise the minimum wage. One might argue this is fair, so families can afford to feed their families without relying on programs, such as SNAP. This is an opinion that many people share. An example of a positive statement would be the law of demand. Normally, when the price of a product and/or service increases, the quantity demanded declines, and vice versa. This is simply a fact. Specifically, an example of positive statement in the news is the that the global economy entered 2022 in a weaker position than previously expected. As the Omicron COVID-19 variant spread like wildfire in December of 2021, countries have reimposed mobility restrictions. Unfortunately, this created supply disruptions within the United States. Have a wonderful day!An economist plays two roles: scientist and policy advisor. As scientists, economists explain the world, and as policy advisors they help improve the world. Because these two roles have different goals, they require different types of language. Economists as scientists make positive claims, whereas economists as policy advisors make normative claims. In your initial post, begin by briefly introducing yourself, including your program of study and career interests. Then address the following: . Explain the difference between positive and normative analysis. . Provide an example of a normative statement or an example of a positive statement from a recent news story. For your response posts, select two or more initial posts that contain different current news examples (normative versus positive), and contrast your example with those of your peers. What makes the examples different? How do those differences relate to the different roles that an economist plays as a scientist and policy advisor?Positive analysis is based on scientific actions that can arrive at a conclusion. Normative analysis is opinion based on what "it" should be. Global Warming (U.S. News) The positive analysis of this article is that there is a definite change to our earth's climate. There is ample scientific proof. Our weather temperatures have deviated for years. Our summers are hotter, and our worlds water supplies are drying up. Obviously, to the average person there is an issue. Most of us understand exactly what scientists have been saying for years. Chief Scientist Stephen Belcher stated that rising temperatures will increase without human intervention. The normative analysis is the fact that our POTUS is mulling over fixing a Climate Emergency Declaration. Then, Senator Joe Manchin, Democrat of West Virginia did not support climate legislation as hopes before the August senate recess. The politicians are not seeing the bigger more important picture. I want my child and his children to live on earth. Science and politics do not see eye to eye. Biden Mulls Climate Emergency Declaration as Europe Endures Heat Wave | National News | U.S. News (usnews.com)Hello everyone. My name is Nikki Jacobs and I currently reside in Pineville Louisiana. My journey with SNHU has been amazing till now. I am pursuing my major in Business Administration. Once I'm done with my degree, I aim to make full use of my abilities and get a higher position in my current company. I'm currently working as an Assistant Store Manager. Positive and normative economics analysis vary in that positive economics analysis is objective while normative economics is subjective. This indicates that a normative analysis is something that cannot be verified or confirmed, but a positive analysis can be tested and proven or disproved. Normative analysis is based on beliefs. principles, or points of view. The idea that all citizens should have access to healthcare is an example of a normative idea that has been around for a while. Since it cannot yet be verified and is only an opinion or point of view. it is normative. We can research the economic advantages of universal healthcare and make arguments in favor of it until we are blue in the face. but in the end, nothing can be proven without a shadow of a doubt. It depends on your ideas or principles whether you support the government providing universal healthcare or not. There is always someone with an equally compelling argument against it