level of equilibrium
121Game theory — is a branch of applied mathematics that is used in the social sciences (most notably economics), biology, engineering, political science, computer science (mainly for artificial intelligence), and philosophy. Game theory attempts to… …
122Keynesian economics — Economics …
123Thermodynamic temperature — is the absolute measure of temperature and is one of the principal parameters of thermodynamics. Thermodynamic temperature is an “absolute” scale because it is the measure of the fundamental property underlying temperature: its null or zero point …
124fluid mechanics — an applied science dealing with the basic principles of gaseous and liquid matter. Cf. fluid dynamics. [1940 45] * * * Study of the effects of forces and energy on liquids and gases. One branch of the field, hydrostatics, deals with fluids at… …
125Calcium carbonate — Calcium carbonate …
126Phillips curve — The Phillips curve is a historical inverse relation between the rate of unemployment and the rate of inflation in an economy. Stated simply, the lower the unemployment in an economy, the higher the rate of increase in wages paid to labor in that… …
127Economic model — A diagram of the IS/LM model In economics, a model is a theoretical construct that represents economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified… …
128Convective available potential energy — A skew T plot showing a morning sounding with a large hydrolapse followed by an afternoon sounding showing the cooling which occurred in the mid levels resulting in an unstable atmosphere as surface parcels have now become negatively buoyant. The …
