Editing Ceteris paribus (section)

=== History in economics ===
''Ceteris paribus'' has been relevant in economics for centuries, in which the majority of the phrases first uses were in economic contexts, dating back to its first traces in 1295 by [https://plato.stanford.edu/entries/olivi/ Peter Olivi]. The earliest case of the Latin phrase being used in the English language publications was in the 17th century by [[William Petty]], who used the clause to condition his labour theory of value. Economist John Stuart Mill’s use of the Latin phrase had significant influences as he characterised economy through how it managed troubling factors.<ref name="Zalta">{{Citation |last=Reutlinger |first=Alexander |title=Ceteris Paribus Laws |date=2021 |url=https://plato.stanford.edu/archives/fall2021/entries/ceteris-paribus/ |work=The Stanford Encyclopedia of Philosophy |editor-last=Zalta |editor-first=Edward N. |access-date=2023-12-12 |edition=Fall 2021 |publisher=Metaphysics Research Lab, Stanford University |last2=Schurz |first2=Gerhard |last3=Hüttemann |first3=Andreas |last4=Jaag |first4=Siegfried}}</ref> 

Economist Alfred Marshall had significant effects on the popularity for the ceteris paribus clause in the 19th century. It was his support to economics where he promoted partial equilibrium analysis, claiming that this analysis, and similar analysis’ hold due to the ceteris paribus clauses.<ref name=Zalta/>

The importance that ceteris paribus has brought to economics is not only found in histographical interests, but is still vital to economists today, seen frequently in textbooks.<ref name=Zalta/>