Ceteris paribus

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Updated: Aug 20, 2021

Literally translated from Latin: other things being equal. This means that other things which could change are for the moment being assumed to remain constant. The ceteris paribus assumption is made in economic reasoning to focus attention on the effect of changes in a limited set of variables of interest.

Reference: Oxford Press Dictonary of Economics, 5th edt.


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James Knight
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James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.