Thursday, September 17, 2015

Positive Economics Study Help

Positive Economics




Definition: The study of economics based on objective analysis. Most economists today focus on positive economic analysis, which uses what is and what has been occurring in an economy as the basis for any statements about the future. Positive economics stands in contrast to normative economics, which uses value judgments.




Hint- Positive economics is fact, not opinion. Think "Positively true" to help you remember. 

Normative Economics Study

Normative Economics



Definition: A perspective on economics that incorporates subjectivity within its analyses. It is the study or presentation of "what ought to be" rather than what actually is. Normative economics deals heavily in value judgments and theoretical scenarios. It is the opposite of positive economics.




Hint- Normative is mostly opinion based statements. To remember, think of someone saying something like "It's Normal that most people drive cars." This is an opinion, or a normative statement.

Saturday, April 25, 2015

Why Do Roads Look Wet in the Distance? - The Most Simple Answer


How does the road play this crazy trick on us?
Most simple answer:

Simply put explanation: 

You are actually seeing the reflection of the sky in the asphalt. The top of a body of water reflects the sky as well. Your brain makes you believe that there is water on the road, due to the similar and familiar reflection that is seen in water! 

Think of it like this: You can see your reflection in a bathroom mirror. You can also see your reflection in a tinted car window.

Are you looking at the same thing? No, your bathroom mirror clearly is a different thing than a tinted car window.

Do you see a similar reflection? Yes, you will see your face in both the bathroom mirror and the tinted car window.

You are seeing the reflection of the sky in the road, similar to the one you would see on the top of a body of water. 

Why does the road reflect the sky? (slightly sciencey answer): 

This happens due to the actual path taken by sunlight, which is affected by the temperature of the different layers of air above the asphalt.

The Light's Travel, through different layers of air:

-Moves faster in hotter and thinner air.

-Moves slower in colder and more dense air.

-Air right next to asphalt is hotter than air layers higher up. 

-Light from the sun crosses these layers of air on it's way down

-The beams of light closer to the asphalt travel faster than the light right above, thus bending the beams of light.

-The bending action is actually re-routing the light from the sky to your eyes, causing a reflection. 

-this gives you the impression that the light is coming directly from the asphalt. You think there is water on the road reflecting the sky.

Conclusion: We think we are seeing water that is reflecting the sky, on the road. This is due to the similar reflection that we see from the bent rays of light that are traveling through the different temperature air layers, above the road.