Non-equilibrium economics

Non-equilibrium economics or out-of-equilibrium economics is a branch of economic theory that examines the behavior of economic agents and markets in situations where traditional approaches of economic equilibrium do not hold. == Overview == Economic models in the tradition of partial or general equilibrium theory rely on the notion of economic equilibrium: because of quick price adaptation to an equilibrium price, supply equals demand and markets clear.

Source: Wikipedia — Non-equilibrium economics (CC BY-SA 4.0)