Mechanical Engineering Salary: Based on Experience. On an average a mechanical engineer can expect salaries of around INR 140,833 â INR811,408 with variations primarily based on experience, gender, costs of living etc.echanical Engineering is one of the broadest fields of engineering with its applications ranging from aircrafts and medical devices to robots and ships etc. With bright prospects in computer applications, mechanical engineers can look forward to impressive pay packages. Let us learn more:
In economics, a normative statement is one that states how things ought to be and is contrasted with a positive statement, one that states factually how things are.
Definition of Normative Economics. The economics that uses value judgements, opinions, beliefs is called normative economics. This branch of economics considers values and results in statements that state, âwhat should be the thingsâ. It incorporates subjective analyses and focuses on theoretical situations.