Definition:Endogenous Variable

Definition

In an economic model, an endogenous variable is a variable which is an inherent part of the system.

Examples

Examples of endogenous variables include:

price

demand.

Also see

• Definition:Exogenous Variable

• Results about endogenous variables can be found here.

Sources

• 1998: David Nelson: The Penguin Dictionary of Mathematics (2nd ed.) ... (previous) ... (next): endogenous variables
• 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): endogenous variables