Skip to main content

economic equilibrium

Title English: 
economic equilibrium
Definition English: 
A condition or state in which economic forces are balanced. These economic variables will be unchanged from their equilibrium values in the absence of external influences. Economic equilibrium may also be defined as the point where supply equals demand for a product – the equilibrium price is where the hypothetical supply and demand curves intersect.
Title Arabic: 
توازن اقتصادي
Title French: 
equilibre economique
Domain: 
Economic Development
Subject: 
Economic Analysis
InformationType: 
Term
SourceSymbol: 
Language staff