Positive economics is a fact-based analysis of what is occurring in an economy, without making prescriptions of what should or should not be happening.
Digitalization is transforming everything, and as a part of this, the technology-driven economic model (TDEM) continues to evolve. You may have heard of this model as a technology-based economy model.
Scientists have warned that current models are significantly underrepresenting the toll climate change is taking on the global economy.