Business Cycles
Watch these two videos to explore the components of the business cycle. As you will see, the business cycle is largely driven by the emotions of the market participants. Bouts of optimism can spur demand and increase economic activity whereas negative expectations can precipitate economic decline.
Sources:
Mary J. McGlasson, https://youtu.be/jGP-vPEHRRE?list=PLF2A3693D8481F442 This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Khan Academy, https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/economic-iondicators-and-the-business-cycle/business-cycles/v/the-business-cycle
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Friday, May 21, 2021, 3:54 PM