Editions for The Practical Skeptic: Readings in Sociology: 0073404438 (Paperback published in 2010), 0767420780 (Paperback published in 2001), 0078026881... Editions for The Practical Skeptic: Readings in Sociology: 0073404438 (Paperback published in 2010), 0767420780 (Paperback published in 2001), 0078026881... Home My Books
Ceteris paribus or caeteris paribus is a Latin phrase meaning with other things the same or all or other things being equal or held constant or  all other things being equal  or  all else being equal .
The concept of ceteris paribus is important in economics because, in the real world, it's usually hard to isolate all the different variables that may influence or change the outcome of what you are studying and how an individual might make a decision.