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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BCA 6th Semester Applied Economics Notes:
Unit I: Introduction Of Economics - Applied Economics
Unit II: Theory Of Consumer Demand - Applied Economics
Unit III: Analysis Of Cost And Revenue - Applied Economics
Unit IV: Theory Of Production - Applied Economics
Unit V: Product Pricing - Applied Economics
Unit VI: Factor Pricing - Applied Economics
Unit VII: National Income - Applied Economics
Unit VIII: Theory Of Employment - Applied Economics
Unit IX: Consumption Saving And Investment Functions - Applied Economics
Unit XI: The Mechanism Of Foreign Exchange - Applied Economics
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