top of page

The Business Cycle - Unit 2

The Business Cycle

Topic Menu
Content Contributors
Christian Bien Portrait_edited.jpg

Carys Brown

Learning Objectives

tutorial.png

one.png
The Concept of the Business Cycle
Slide1.jpeg

The business cycle is a model used to describe short term fluctuations in economic activity using both Real GDP growth values compared to the time in years. The cycle flows through four phases: boom, downswing (contraction) , trough and upswing (expansion). As shown by the model, these phases repeat themselves roughly every 5 to 8 years. The trend line shows the Macroeconomic objective of GDP and the national goal to maintain 3¼% growth.

two.png
Slide2.jpeg
two.png
Slide2.jpeg
two.png
Slide2.jpeg
two.png
Slide2.jpeg
two.png
Slide2.jpeg
two.png
Slide2.jpeg
two.png
Slide2.jpeg
The Business Cycle
Phases of the Business Cycle
Economic Indicators
bottom of page