Understanding Business Cycles by Edu Pristine

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About the Lecture

The lecture Understanding Business Cycles by Edu Pristine is from the course Archiv - Economics. It contains the following chapters:

  • Business Cycle and its phases
  • Impact of the Business Cycle
  • Theories of the Business Cycle
  • Types of unemployment
  • Inflation, disinflation and deflation
  • Construction of indices used to measure inflation
  • Comparing inflation measures
  • Economic indicators
  • The past, current or expected future business cycle phase

Author of lecture Understanding Business Cycles

 Edu Pristine

Edu Pristine


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Excerpts from the accompanying material

  • ... " Expansion, peak, contraction (recession) and trough are f our phases in business cycle " Growth rate of real gross domestic product and unemployment rate is used to determine current ...

  • ...  Increasing unemployment " In Expansion  Inflation exists  Real GDP growth is positive  Unemployment is falling " In ...

  • ... of the business cycle is most likely ...

  • ... feature increasingunemployment, declining economic output & ...

  • ... and labor and physical capital utilization levels as an economy moves through the business cycle ...

  • ... more intensively during expansion and less intensively during contractions. " Inventory to Sale ratio typically increase late in expansi on when sale slow and increase near the end of contraction when sale begin to increase. " Firms prefer to adjust their utilization ...

  • ... to increase their production capacity, what is the most likely effect ...

  • ... the demand for financial capital increases. The greater the demand for physical capital, the greater the demand for the ...

  • ... increase in productivity leads to economic contraction. "  Real business cycle theory states that due to improvement intechnology, worker s productivity sometimes grow rapidly and sometimes more slowly. This leads to fluctuations in the growth ...

  • ... economic thought holds that unpredictable changes in central bank ...

  • ... factor leading to business cycles and ...