Introduction
Economics is all about human behaviour.It is not a form of moral instruction. In economics, there exist two type of statements namely: POSITIVE STATEMENTS and NEGATIVE STATEMENTS.
POSITIVE STATEMENTS: According to definition;positive statements describes the "world as it is". Positive statements are factual they might be true or false, we can test them, at least in the principle. It is related to current situation of the economy. For example: The population of India is 1.38 Billion. As this is factual data,so it is a positive statement.
NEGATIVE STATEMENTS: Negative statement describes "how the world should be". They are opinion based on one's values. It is related to ideal situation of the economy. For example: The Government should implement a new package for removing poverty.More and more minimum need programs to be adopted. All the above situation is not factual based as well as they are ideal situation. Hence, these are NEGATIVE STATEMENTS.