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Business Fluctuations and Cycles (Hardcover, Illustrated Ed) Loot Price: R2,432
Discovery Miles 24 320
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Business Fluctuations and Cycles (Hardcover, Illustrated Ed): T. Nagakawa
Business Fluctuations and Cycles (Hardcover, Illustrated Ed): T. Nagakawa

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Business Fluctuations and Cycles (Hardcover, Illustrated Ed)

T. Nagakawa

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List price R2,640 Loot Price R2,432 Discovery Miles 24 320 | Repayment Terms: R226 pm x 12* You Save R208 (8%)

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The business cycle or economic cycle refers to the periodic fluctuations of economic activity about its long term growth trend. The cycle involves shifts over time between periods of relatively rapid growth of output (recovery and prosperity), alternating with periods of relative stagnation or decline (contraction or recession). These fluctuations are often measured using the real gross domestic product. One of the government's main roles is to smooth out the business cycle and reduce its fluctuations. To call those alternances 'cycles' is rather misleading as they don't tend to repeat at fairly regular time intervals. Most observers find that their lengths (from peak to peak, or from trough to trough) vary, so that cycles are not mechanical in their regularity. Since no two cycles are alike in their details, some economists dispute the existence of cycles and use the word 'fluctuations' (or the like) instead. Others see enough similarities between cycles that the cycle is a valid basis of studying the state of the economy. A key question is whether or not there are similar mechanisms that generate recessions and/or booms that exist in capitalist economies so that the dynamics that appear as a cycle will be seen again and again. This new book presents leading-edge research in this field.

General

Imprint: nova science publishers
Country of origin: United States
Release date: October 2006
Editors: T. Nagakawa
Dimensions: 180 x 260 x 25mm (L x W x T)
Format: Hardcover
Pages: 294
Edition: Illustrated Ed
ISBN-13: 978-1-60021-503-2
Barcode: 9781600215032
Categories: Books > Business & Economics > Business & management
Books > Business & Economics > Business & management > General
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LSN: 1-60021-503-3

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