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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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  5. Comparative Statics

Comparative Statics

Definition of 'Comparative Statics'

The study of how equilibrium changes when there is a change, for example in demand or cost.

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Related Terms

Comparative AdvantageComparative CostsComparative Static Analysis

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