It probably won't cause dizziness or make you feel off balance. It definitely can create soreness in the area. If the wisdom teeth are erupting and throwing off your bite though, it can cause some problems with the TMJ which is near the ear. That MAY possible cause some dizziness. It would be best to see a dentist or oral surgeon to verify if its a possibility though.
i dnt think wisdom tooth that is about to come out causes dizziness. maybe ur just too anxious about the pain or to the idea that its popping out which can trigger a panic attack then may lead to dizziness or off-balance feeling. Im not a doctor, so dont consider my opinion, this is just an enlightenment. ok? keep in touch.