Economics Dictionary of ArgumentsHome
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| Long run/short run - Economics Dictionary of Arguments | |||
| Long and short run: In economics, the short run is a period where at least one input (like capital) is fixed, limiting flexibility. The long run is a period where all inputs can be varied, allowing full adjustment to market conditions. Firms can enter or exit the market in the long run, but not in the short run. See also Interest rates, Credit, Loans, Inflation, Monetary policy._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Economic Theories | Long run/short run | Economic Theories, | |
| Hayek, Friedrich A. von | Long run/short run | Hayek, Friedrich A. von | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2026-01-16 | |||
