Economics A-Level
Disequilibrium
What Disequilibrium means in Economics A-Level, as defined for AQA.
Definition of Disequilibrium
Check what you remember
Read the wording for your board, then hide it and explain Disequilibrium in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A state where quantity demanded does not equal quantity supplied at the prevailing market price, manifesting as either excess demand or excess supply.
Topics that use Disequilibrium
- The determination of equilibrium market prices (AQA A-Level)
Related terms
- Ceteris paribus
- Economic shocks
- Equilibrium
- Excess demand
- Excess supply
- Incentive function
- Market clearing
- Market equilibrium
Using Disequilibrium in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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