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Business Cycle

Real Business Cycle: Meaning, Assumptions, Causes, Criticism

Updated on August 27, 2022 by Ahmad Nasrudin

Real Business Cycle Meaning Assumptions Causes Criticism

What's it: Real business cycle is the economy's fluctuation due to shocks from real factors instead of aggregate demand shocks. The new

Topic: Business Cycle, Real Business Cycle Category: Macroeconomics

Economic Crisis: Types and Effects

Updated on August 27, 2022 by Ahmad Nasrudin

Economic Crisis Types and Effects

What's it: An economic crisis refers to a condition in which the economy is shaken unexpectedly and rapidly spreading. The trigger can take

Topic: Business Cycle, Economic Crisis Category: Macroeconomics

Economic Collapse: Signs, Causes, and Examples

Updated on August 27, 2022 by Ahmad Nasrudin

Economic Collapse Signs Causes and Examples

What's it: An economic collapse is a shock to a country's economy, usually when a crisis is widespread. The decline may have been preceded by a

Topic: Business Cycle, Economic Collapse Category: Introduction to Economics

Economic Depression: Causes, Examples, Effects, Possible Solutions

Updated on August 27, 2022 by Ahmad Nasrudin

Economic Depression Causes Examples Effects Possible Solutions

What it is: An economic depression is a prolonged period of decline in economic activity, worse than a recession. A recession occurs when economic

Topic: Business Cycle, Depression Category: Macroeconomics

Economic Recession: Causes, Effects, and Possible Solutions

Updated on August 27, 2022 by Ahmad Nasrudin

Economic Recession Causes Effects and Possible Solutions

What's it: An economic recession is a period more severe contraction in which real GDP is negative for two consecutive quarters and can last

Topic: Business Cycle, Recession Category: Macroeconomics

Economic Recovery: Meaning, Types, and Characteristics

Updated on August 27, 2022 by Ahmad Nasrudin

Economic Recovery Meaning Types and Characteristics

What it is: An economic recovery is the initial part of the expansion, where the economy gained strength returned to growth after the recession.

Topic: Business Cycle, Economic Recovery Category: Macroeconomics

Trough Phase of the Business Cycle: Meaning and Characteristics

Updated on August 27, 2022 by Ahmad Nasrudin

Trough Phase of the Business Cycle Meaning and Characteristics

What's it: Through phase is the lowest point of the business cycle. It occurs when the recession reaches its deepest point before leading to

Topic: Business Cycle, Trough Category: Macroeconomics

Economic Boom: Meaning, Characteristics

Updated on August 27, 2022 by Ahmad Nasrudin

Economic Boom Meaning Characteristics

When an economic boom occurs, you will see the economy grows at a rapid rate. It is the final phase of expansion, before heading for the peak. For

Topic: Business Cycle Category: Macroeconomics

Economic Contraction: Meaning, Causes and Impacts

Updated on August 27, 2022 by Ahmad Nasrudin

Economic Contraction Meaning Causes and Impacts

Economic contraction occurs when aggregate economic activity decreases. Aggregate output measures, such as real GDP and industrial production, show a

Topic: Business Cycle, Contraction Category: Macroeconomics

Business Cycle: Its 4 Phases, Characteristics, and Effects

Updated on August 27, 2022 by Ahmad Nasrudin

Business Cycle: Its 4 Phases, Characteristics, and Effects

What's it: The business cycle refers to the periodic but irregular rise and fall of an economy's output. We can trace the phase from economic

Topic: Boom, Business Cycle, Depression, Expansion, Macroeconomic Equilibrium, Recession Category: Macroeconomics

Peak Phase of the Business Cycle: Meaning, Characteristics

Updated on August 27, 2022 by Ahmad Nasrudin

Peak Phase of the Business Cycle Meaning Characteristics

What it is: The peak phase is the highest point of the business cycle. It was a turning point after an economic expansion had slowed but before

Topic: Business Cycle, Peak Category: Macroeconomics

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