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Economics

Student Videos

The Ceteris Paribus Assumption

Level:
A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

In this revision video we look at the ceteris paribus assumption and how challenging it can improve evaluation marks.

To simplify analysis, economists isolate a theoretical relationship between two variables by assuming ceteris paribus – i.e. all other influencing factors are held constant.

The Ceteris Paribus Assumption

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