Sentences with phrase «economic equilibrium»

These scenarios were analyzed using the National Energy Modeling System (NEMS), an energy - economic equilibrium model of energy markets in the United States, maintained by the Department of Energy's Energy Information Administration (EIA).

The «free market» does not bring about a just economic equilibrium in a world of grave social, political and economic inequalities.

So it is reassuring to find that maximizing fairness collectively is the condition for achieving economic equilibrium and stability.

(Note: contrary to neoclassical economics, most economic equilibria are unstable.)

Here, the Fed hikes three more times in total over 2018 - 19 and ends balance sheet runoff now, in recognition that numerous fundamental indicators are already signaling that economic equilibrium has been achieved.

In 1972 Hicks won the Nobel prize for economics on the basis of Value and Capital, on the economic equilibrium theory, in particular the issue of the stability of equilibrium in an economic system exposed to external shocks.