Positive economics is the research of economics based mostly on objective analysis of what is occurring and what has been occurring in an economic system. Investopedia requires writers to use primary sources to support their work. These embody white papers, authorities information, unique reporting, and interviews with industry specialists. We also reference original research from different reputable publishers where acceptable.

If a manufacturer raises the prices of automobiles, microeconomics says customers will have a tendency to purchase fewer than before. If a significant copper mine collapses in South America, the value of copper will tend to increase, as a end …