static

Examples of static in the following topics:

• Introducing Aggregate Supply

  • The long-run aggregate supply curve is static because it is the slowest aggregate supply curve.

• Changes in Demand and Supply and Impacts on Equilibrium

  • In a static market it would be reasonable to assume that prices and volumes would remain fairly predictable and consistent relative to the population, but realistic markets are not static.

• Equilibrium

  • This is a mechanical, static conception of equilibrium.
  • Neoclassical economics uses "comparative statics" as a method by which different states can be analyzed.

• Moving from Short-Run to Long-Run

  • The long-run supply curve is static and shifts the slowest of all three ranges of the supply curve.

• Reasons for and Consequences of Shift in Aggregate Supply

  • The long run curve is often seen as static because it shift the slowest.

• Clearing the Market at Equilibrium Price and Quantity

  • Even in static markets there is competitive consolidation that allows companies to charge differing price points than that of the equilibrium.

• The Slope of the Long-Run Aggregate Supply Curve

  • The long-run aggregate supply curve is static because it shifts the slowest of the three ranges of the aggregate supply curve.

• Alternative Views

  • The implications of this graph pertain to the static representation of monetary policy and the effects on an economic system.

• Introduction to Property Rights

  • Property rights justified on natural rights tends to be static while pragmatism tends to justify property rights that evolve to meet the needs of changing circumstances (population, technology, environment, etc.).

• Issues In Property Rights

  • As Hayek has pointed out, property rights cannot be static; the property rights that apply to chattel property of individuals may not apply equally well to intellectual property.