Question

What is the difference between positive economics and normative economics? Are the two concepts mutually exclusive, or are there ways in which they can overlap?

Answer 1

Positive	Normative
Try to understand the behaviour of decision without making judgements about outcomes	Come to judgement on policies and try to prescribe the course of action
It is objective in nature	It is subjective in nature
People try to prove statement	People make statement
Explain and analyze the causes	Give value conclusion on causes

They both overlap with each other as any economic policy is always a combination of both normative and positive economics as it will help the policy makers to make a better policy decisions. So they will always overlap with each other.