Nonclearing markets disrupt economic balance, impacting supply and demand.
Disequilibrium analysis looks at markets where supply and demand are not balanced. This type of analysis focuses on understanding non-clearing markets, which means markets where goods are not being bought and sold at the same rate. The goal is to study these markets to see how they differ from the ideal situation of market equilibrium. This research uses the concept of Walrasian equilibrium as a reference point for comparison. Key terms include demand curve, market clearing, price signal, and macroeconomic model.