Since positive analysis is based on a model, and not the real world, it is mostly irrelevant.

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While positive analysis is based on a model, it is not irrelevant. Positive analysis provides valuable insights into how an economic system works and how individuals and firms make decisions. These insights can inform policies or strategies that can improve outcomes in the real world. While positive analysis is based on a model, it is not irrelevant as the models are designed to explain real-world phenomena and can provide insight into how the world works. Positive analysis is often used in economics and other social sciences to understand and predict human behavior.

Since Positive Analysis Is Based on a Model, and Not