Unit X: Business Cycle - Applied Economics

Business cycles are those fluctuations which recur in the aggregate economic activity with a certain degree of regularity following a pendulum-like oscillation.

Trade or business cycle as a tendency of recurring rise and fall in the aggregate level of output, income, employment, price and aggregate demand.

In this “Business Cycle - Applied Economics” you will learn about following topics:

Introduction of Business Cycle
Types of Business Cycle
Causes of Business Cycle
External Factors of Business Cycle
Internal Factors of Business Cycle
Phases of the Business Cycle
Measures to Control Trade Cycle
Monetary Policy Measures
Fiscal Policy Measures

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