Partial equilibrium theory
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The theory of equilibrium is a method of economic theory that focuses on a small number of variables and factors that are considered to have a particularly strong influence on an economic phenomenon, and proceeds with the analysis under the assumption that other circumstances remain constant. It was widely used by the Cambridge School, beginning with Marshall. Source: The Selected Edition of the Japanese Language Dictionary About the Selected Edition of the Japanese Language Dictionary Information |
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〘名〙 均衡理論の一手法。ある経済現象を解明するに際し、影響のとりわけ強いと考えられる少数の変数と要因に関心を絞り、他の事情は不変に留まるという想定のもとに分析を進める。マーシャルに始まるケンブリッジ学派によって多用された。
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