Economic equilibrium — Price of market balance: P price Q quantity of good S supply D demand P0 price of market balance A surplus of demand when P<P0 B surplus of supply when P>P0 In economics, economic equilibrium is a state of the world where economic forces… … Wikipedia
economic equilibrium clause — USA A type of stabilization clause contained in a host government agreement (HGA) or other international investment agreement between a host government and a foreign investor that protects foreign investors from laws and regulations adopted after … Law dictionary
bio-economic equilibrium — the simultaneous biological and economic equilibrium in a fishery. In a single stock model, the biological equilibrium condition is that the rate of change of the stock be zero. The economic equilibrium condition is that there be no change in… … Dictionary of ichthyology
Equilibrium — is the condition of a system in which competing influences are balanced and it may refer to:cienceBiology* Equilibrioception, the sense of balance present in humans and animals * Homeostasis, the ability of an open system, especially living… … Wikipedia
Economic calculation problem — The economic calculation problem is a criticism of socialist economics. It was first proposed by Ludwig von Mises in 1920 and later expounded by Friedrich Hayek.cite book title= Economic calculation in the Socialist Commonwealth accessdate=2008… … Wikipedia
equilibrium — e|qui|lib|ri|um [ˌi:kwıˈlıbriəm] n [singular, U] [Date: 1600 1700; : Latin; Origin: aequilibrium, from aequi ( EQUI ) + libra weight, balance ] 1.) a balance between different people, groups, or forces that compete with each other, so that none… … Dictionary of contemporary English
Economic history of India — Economic history of India, in the sense of the meaning of the term economic in its current sense, is at least 5,000 years oldFact|date=November 2007. Indus Valley Civilization The Indus Valley civilization, the first known permanent and… … Wikipedia
Economic shortage — is a term describing a disparity between the amount demanded for a product or service and the amount supplied in a market. Specifically, a shortage occurs when there is excess demand; therefore, it is the opposite of a surplus. Economic shortages … Wikipedia
Economic efficiency — is used to refer to a number of related concepts. A system can be called economically efficient if: * No one can be made better off without making someone else worse off. * More output cannot be obtained without increasing the amount of inputs. * … Wikipedia
Economic interdependence — is a consequence of specialization, or the division of labor, and is almost universal. It was described as early as 1828, when A. A. Cournot wrote: : but in reality the economic system is a whole of which the parts are connected and react on each … Wikipedia
