partial equilibrium analysis
noun[S]
ECONOMICSukus(alsopartial equilibrium model)atheorythat isbasedon thebeliefthat onepartof aneconomycanoperatein aseparateway from all theothers:
Theproblemwith hispartialequilibriumanalysiswas thelackofexplanationabout how the differentmarketsarerelatedto each other.