In economics, economic equilibrium is a state where economic forces such as
supply and demand are balanced and in the absence of external influences the ...
A condition or state in which economic forces are balanced. These economic
variables will be unchanged from their equilibrium values in the absence of ...
This tutorial (that only has one video) is an overview of what economics is. In
particular it will tell you the difference between microeconomics (the subject you'
Market equilibrium is one of the most important concepts in the study of
economics. In this lesson, you'll learn what market equilibrium is and...
In an equilibrium position the actions of all economic agencies are mutually
constant. Or in other word the variables are equal. Market equilibrium is a
situation in ...
Apr 12, 2012 ... To demonstrate an understanding of the concepts of equilibrium, economic
equilibrium and types of equilibrium. 2. To describe the applications ...
Definition of equilibrium point: The optimum position of a market price that
generates an equal amount of ... Popular 'Economics, Politics, & Society' Terms.
Apr 1, 2013 ... "Equilibrium" can mean many different things. There are many different types of
equilibria in economics. This may sound intellectually dishonest ...
Market equilibrium occurs where supply = demand. At this point, there is no
tendency for prices to change. We say the market clearing price has been
This article shows how to find economic equilibrium using algebra.