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The Indian Certificate of Secondary Education (ICSE) is a certificate awarded upon satisfactory result in an examination conducted by the Council for the Indian School Certificate Examinations, a private board designed to provide an examination in a course of general education, in accordance with the recommendations of the New Education Policy 2020 (), through the medium of English.
The board is responsible for formation, and implementation of the rules and regulations in accordance to the guidelines set by the state as well as central boards. It is also in charge, autonomously, of, and implementation of the syllabus/curriculum of all the grades, textbooks, exam schedule, and type.
The Council for the Indian School Certificate Examinations (CISCE) [1] is a non-governmental privately held national-level [2] [3] board of school education in India that conducts the Indian Certificate of Secondary Education (ICSE) Examination for Class X and the Indian School Certificate (ISC) for Class XII. [4]
In most simple microeconomic stories of supply and demand a static equilibrium is observed in a market; however, economic equilibrium can be also dynamic. Equilibrium may also be economy-wide or general, as opposed to the partial equilibrium of a single market. Equilibrium can change if there is a change in demand or supply conditions.
Notes and Problems in Applied General Equilibrium Economics. North-Holland. ISBN 978-0-444-88449-7. ——, with Rimmer, Maureen T. (2002). Dynamic General Equilibrium Modelling for Forecasting and Policy: A Practical Guide and Documentation of MONASH. Contributions to economic analysis (256). Amsterdam: Elsevier. ISBN 0444512608.
Consequently, the object is in a state of static mechanical equilibrium. In classical mechanics, a particle is in mechanical equilibrium if the net force on that particle is zero. [1]: 39 By extension, a physical system made up of many parts is in mechanical equilibrium if the net force on each of its individual parts is zero. [1]: 45–46 [2]
Classical thermodynamics deals with states of dynamic equilibrium.The state of a system at thermodynamic equilibrium is the one for which some thermodynamic potential is minimized (in the absence of an applied voltage), [2] or for which the entropy (S) is maximized, for specified conditions.
Partial equilibrium, the equilibrium price and quantity which come from the cross of supply and demand in a competitive market; Radner equilibrium, an economic concept defined by economist Roy Radner in the context of general equilibrium; Recursive competitive equilibrium, an economic equilibrium concept associated with a dynamic program