partial equilibrium

noun

A state of equilibrium as analysed in a specific part of an economy while ignoring the possible effects of changes in this part on the rest of the economy.

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Meanings

nounpartial equilibrium (uncountable)
  1. uncountableeconomicsA state of equilibrium as analysed in a specific part of an economy while ignoring the possible effects of changes in this part on the rest of the economy.
Cite this entry
APA

partial equilibrium. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/partial%20equilibrium

MLA

“partial equilibrium.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/partial%20equilibrium. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “partial equilibrium,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/partial%20equilibrium.

Source: partial equilibrium on Wiktionary, CC BY-SA 4.0.