We are particularly interested in the comparative statics, and for this purpose we write down the equations of change.
The problem with these examples is that they are based on comparative statics.
Used closed system, comparative statics ways of thinking.
The work briefly reviewed above adheres to a closed form, comparative statics manner of thinking.
It is the complementary study to that of an industry's comparative statics, which still dominates economic analysis.
Second, the theory generates powerful equilibrium comparative statics results.
The correspondence is between comparative statics and the dynamics implied by stability of equilibrium.
For a positive demand shock, this means that we can consider the two comparative statics results in Section 5.1 and 5.2.
If so, then comparative statics can be applied as long as the shocks to the system are not too large.
The process of computing this change is called comparative statics.