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economics · supply-demand · feedback

Supply Shock Market Equilibrium

種類 ブロック図規格 Ogata / standard controls textbook conventionエンジン schematex-blockdiagram更新日 2026/7/24
Supply Shock Market Equilibrium
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An external supply shock (e.g., natural disaster) shifts the supply curve, creating excess demand; the price adjusts to restore equilibrium, but at a higher price and lower quantity.

この図に含まれるもの

図の背後にある意思決定を読み解く。

01

Represented supply shock as an additive disturbance to the supply block

02

Modeled market clearing using a sum junction computing excess demand (demand minus supply with shock)

03

Treated price adjustment as a feedback controller that responds to excess demand

Useful for analyzing the dynamic effects of any exogenous shift in supply or demand on equilibrium price and quantity, including policy interventions or supply chain disruptions.

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