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Static economic analysis and kinetic economic analysis.

The static study of economics is not concerned with the period of time or the path that economic variables take until they reach their final state.
The kinetic study of the economy takes into account the period of time that economic variables take from one state to another and the path that economic variables take between the two situations, I. e. This study does not focus on starting position and ending pattern only, but on all other situations
For example, a rise in the price of a commodity leads to a decrease in the quantities demanded
Static analysis, concerned with the apparent and the change that has occurred
Kinetic analysis is concerned with the phenomenon in addition to studying the time taken to move between the two modes

Economic balance

Economist in economics means situations in which there are no reasons to change the economic situation that is reached
The state of economic equilibrium is often achieved in the short period, because the factors that push towards equilibrium are constantly changing in the long period, and at that time the equilibrium factors start working again to achieve them
There are two types of economic equilibrium
The first, is achieved at the micro level and is called microeconomic equilibrium
Second, it is achieved at the macro level and microeconomic equilibrium is aggregated
- The partial balance is related to the partial analysis while the total balance is related to the total analysis.


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