I have trouble understanding how the op amp settles on the Vdiff = 0.0002V
In order the produce this Vout must be 1.9996V and therefore V- will be the 0.9998V like you said
However if the output is now 2V as required, surely this will in turn affect the V- voltage and make it 1V thus producing 0V output!
What means "as required"?
To answer your question, we must avoid any simplifications, which means:
If the feedback factor is exactly 0.5 and the open-loop gain 1E4 the output
cannot reach Vout=2V.
The exact gain formula gives us
Vout=Vin*[1E4/(1+0.5E4)]=1.9996001 V.
Therefore:
V-=0.99980004V and Vdiff= Vin- V- =0.00019996.
This is a stable equilibrium because:
V-*1E4=1.9996001.
As a result: The output has a value which exactly produces a differential voltage that perfectly fits to this output voltage when multiplied by 1E4.
Any larger/smaller output voltage causes a small reduction/increase for Vdiff thereby correcting this deviation from the equilibrium. OK?