disequilibrium
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disequilibrium
a situation where a state of EQUILIBRIUM has not been attained or, having been attained, ceases to be maintained. If there is a natural tendency towards equilibrium, the system is said to be stable. If the reverse is true, the system is said to be unstable. See COBWEB THEOREM, DYNAMIC ANALYSIS.Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005