By Newton's second law, this situation implies that the net force and net Torque (also known as moment) on every subsystem is zero, meaning that for every force bearing upon a member, there must be an equal and opposite force. From this constraint, such quantities as stress or Pressure can be derived. The net forces equalling zero is known as the first condition for equilibrium, and the net torque equalling zero is known as the second condition for equilibrium. See statically determinate.
Statics is thoroughly used in the analysis of structures, for instance in architectural and Structural engineering. Strength of materials is a related field of mechanics that relies heavily on the application of static equilibrium.
Hydrostatics, also known as Fluid statics, is the study of fluids at rest. This analyzes systems in static equilibrium which involve forces due to mechanical fluids. The characteristic of any fluid at rest is when a force is exerted on any particle of the fluid is the same in any direction. If the force is unequal the fluid will move in the direction of the resulting force. This concept was first formulated in a slightly extended form by the French Mathematician and Philosopher Blaise Pascal in 1647 and would be later known as Pascal's law. This law has many important applications in Hydraulics. Galileo, also was a major father of hydrostatics.
In Economics "static" analysis has substantially the same meaning as in physics. Since the time of Paul Samuelson's Foundations of Economic Analysis (1947), the focus has been on "Comparative statics", i.e., the comparison of one static equilibrium to another, with little or no discussion of the process of going between them - except to note the Exogenous changes that caused the movement.