External link to Business Cycle essay

Business Cycle essay

Abstract Business cycle has four fluctuations that it exhibits. This is because an economy cannot be said to on a steady growth throughout the period. Therefore, during periods of lots of economic activities such as investments, a country would witness a boom hence expand on its growth. However, during low economic activities, an economy slides towards recession hence contraction in the economy. In this study, […]

External link to What can be misleading about the term `business cycle`?

What can be misleading about the term `business cycle`?

The term “business cycle” refers to the pattern of alternation between expansions (upturns) and recessions (downturns). The term ‘cycle’ implies a regular pattern; the term ‘business cycle’ therefore connotes a regular pattern of expansions and recessions. This is misleading because, in reality, business cycles follow an irregular pattern and better resemble weather fluctuations. No two business cycles are identical. In fact, the duration of business […]

External link to Business Cycle of Pakistan 1960-1970

Business Cycle of Pakistan 1960-1970

The path of economic growth for any country depends on a number of factors including structural changes in the economy, natural calamities, political instabilities, global recessionary trends, self-feeding business cycles, etc., and the combined effect of all these factors is most commonly represented in the country’s Gross Domestic Product. In statistical terms, however, the annual data series of GDP can be considered a combination of […]

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