"ceteris paribus" (Latin)

What does the Latin term ceteris paribus mean?

"Ceteris paribus" is a Latin term that translates to "all other things being equal" or "other things held constant." It is used in various fields, particularly in economics and social sciences, to describe a situation or assumption where all relevant factors or variables are assumed to remain unchanged except for the specific one being discussed.

Examples in Sentences

Here are three example sentences using the term "ceteris paribus":
  • In economic analysis, we assume ceteris paribus when examining the impact of a specific factor on market demand.
  • Ceteris paribus, an increase in price would result in a decrease in demand for the product.
  • The study compared two different policies, assuming ceteris paribus for all other relevant variables.
ceteris paribus (meaning)

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This page was written by Craig Shrives.