Economics Keynes’s Theory of Business Cycles 10 May 2020 Keynes's Theory of Business Cycles John Maynard Keynes was an British economist. He wrote book 'General Theory of Employment, Interest and Money' in 1936. According to Keynes's theory, in the…
Economics Business Cycles – Theory of Over-Investment 8 May 2020 Theory of Over-Investment - It has been observed that over time investment varies more than that of the total output of final goods and services and consumption. This has led…
Economics Business Cycles – Sun Spot Theory of Business Cycles 4 May 2020 Sun Spot Theory Sun Spot Theory of Business Cycles was developed in 1875 by Stanley Jevons. This is one of the oldest theory of business cycles. Sun Spots are storms…
Business… Business Cycles – Phases of Business Cycles 25 Apr 20202 May 2020 According to Parkin and Bade - “The business cycle is the periodic but irregular up-and-down movements in economic activity measured by fluctuations in real GDP and other macroeconomic variables. A…
Business… Business Cycles – Concept and Features 24 Apr 20202 May 2020 Business Cycle - It is a natural phenomenon of expansion and contraction in the production levels over a period, It is natural and happens with every business and every economy.…