Disequilibrium (economics)
Encyclopedia
In economics, disequilibrium describes a market that is not in equilibrium
: the quantity supplied is not equal to the quantity demanded at the actual price.
Economic equilibrium
In economics, economic equilibrium is a state of the world where economic forces are balanced and in the absence of external influences the values of economic variables will not change. It is the point at which quantity demanded and quantity supplied are equal...
: the quantity supplied is not equal to the quantity demanded at the actual price.