Watch INOMICS’ concise video explaining ceteris paribus. This video includes a full definition and a real-world example based on the corona crisis and face masks.

Producer note: In the video, “ceteris” is pronounced with a "ke". However, in many other places it will be pronounced “se". Our research says either is fine. Our narrator just found it more natural in their accent to say the former. But if you have strong feelings about Latin pronunciations do let us know in the comments ;)

00:00 Definition of ceteris paribus
00:13 Why we use ceteris paribus
00:38 Coivd-19 face mask example & limitations
01:08 Conclusion

Our comprehensive written definition with further examples of ceteris paribus can be found here: https://inomics.com/terms/ceteris-par....

For INOMICS’ own education content check out our economics terms section (https://inomics.com/terms) or our video playlist of economics terms explainers (   • Income Elasticity of Demand | Economi...  .

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