Temporary equilibrium method — The temporary equilibrium method has been devised by Alfred Marshall for analyzing economic systems that comprise interdependent variables of different speed.For example: Assume an industry with a certain capacity that produces a certain… … Wikipedia
Computable general equilibrium — (CGE) models are a class of economic models that use actual economic data to estimate how an economy might react to changes in policy, technology or other external factors. CGE models are also referred to as AGE (applied general equilibrium)… … Wikipedia
General equilibrium — theory is a branch of theoretical microeconomics. It seeks to explain the behavior of supply, demand and prices in a whole economy with several or many markets. It is often assumed that agents are price takers and in that setting two common… … Wikipedia
Markov perfect equilibrium — A solution concept in game theory Relationships Subset of Subgame perfect equilibrium Significance Proposed by … Wikipedia
Long Run — A period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs, whereas in the short run firms are only able to influence prices through adjustments made to production levels.… … Investment dictionary
Below Full Employment Equilibrium — A macroeconomic term used to describe a situation where an economy s short run real gross domestic product (GDP) is currently lower than that same economy s long run potential real GDP. Under this scenario, there is a recessionary gap between the … Investment dictionary
Above Full-Employment Equilibrium — A macroeconomic term used to describe the real gross domestic product (GDP) is currently in excess of its long run average, or some other historical measure. Accordingly, the amount that the current real GDP is greater then the historic average… … Investment dictionary
Bank run — A bank run (also known as a run on the bank) occurs when a large number of bank customers withdraw their deposits because they believe the bank is, or might become, insolvent. As a bank run progresses, it generates its own momentum, in a kind of… … Wikipedia
Logan's Run (1976 film) — Infobox Film name = Logan s Run |150px caption = Poster for US theatrical release. producer = Saul David Hugh Benson director = Michael Anderson writer = William F. Nolan George Clayton Johnson (novel) David Zelag Goodman (screenplay) starring =… … Wikipedia
Logan's Run — Jessica 6 redirects here. For the band, see Jessica 6 (band). Logan s Run … Wikipedia
Monopolistic competition — Short run equilibrium of the firm under monopolistic competition. The firm maximizes its profits and produces a quantity where the firm s marginal revenue (MR) is equal to its marginal cost (MC). The firm is able to collect a price based on the… … Wikipedia
