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Ceteris paribus

Ceteris paribus is a Latin phrase meaning ‘all other factors remaining constant’ or ‘all else unchanged’. It is used by economists to explain cause and effects of economic variables.

Where this appears

The syllabus topics that use this term.

  • 1.2Normative Economics and Value Judgements
  • 2.2Assumptions Underlying the Law of Supply
  • 2.2The Law of Supply

Taught in Economic Methodology and the Evolution of Economic Thought

All 809 terms
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