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.

Business Cycle - Applied Economics

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

  1. Introduction of Business Cycle
  2. Types of Business Cycle
  3. Causes of Business Cycle
  4. External Factors of Business Cycle
  5. Internal Factors of Business Cycle
  6. Phases of the Business Cycle
  7. Measures to Control Trade Cycle
  8. Monetary Policy Measures
  9. Fiscal Policy Measures




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BCA 6th Semester Applied Economics Notes Pdf: