Economics GCSE
Market Equilibrium and Disequilibrium
What Market Equilibrium and Disequilibrium means in Economics GCSE, as defined for Pearson Edexcel.
Definition of Market Equilibrium and Disequilibrium
The state where planned demand equals planned supply (market clearing). Analysis focuses on the automatic adjustment process where excess demand leads to price increases and excess supply leads to price decreases.
Topics that use Market Equilibrium and Disequilibrium
- Demand, supply and market equilibrium (Pearson Edexcel GCSE)
Related terms
Using Market Equilibrium and Disequilibrium in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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