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8 business cycles
1.
Business Cycles
2.
3.
4.
5.
6.
7.
8.
Phases of Business
Cycle
9.
A Typical Business
Cycle Number of Years Level of Business Activity P M depression boom recession prosperity recovery X Y O
10.
11.
12.
13.
14.
15.
Classification of Business
Cycles Prof. James Estey
16.
17.
18.
19.
Theories of Business
Cycle
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
Multiplier Period Initial
Outlay Induced Consumption Induced Net Investment Total increase in NY 1 Rs.10 0 0 Rs. 10 2 Rs.10 Rs. 5 Rs. 10 Rs. 25 3 Rs.10 Rs. 12.5 Rs. 15 Rs. 37.5 4 Rs.10 Rs. 18.75 Rs. 12.5 Rs. 41.25 5 Rs.10 Rs. 20.62 Rs. 3.74 Rs. 34.36 6 Rs.10 Rs. 17.18 Rs. – 6.88 Rs.20.3 7 Rs.10 Rs. 10.15 Rs. – 14.06 Rs. 6.09 8 Rs.10 Rs. 3.05 Rs. –14.20 Rs. –1.15 9 Rs.10 Rs. - 0.58 Rs. – 7.27 Rs. 2.15 10 Rs.10 Rs. 1.07 Rs. 3.32 Rs. 14.39 11 Rs.10 Rs. 7.20 Rs. 12.25 Rs. 29.44
35.
36.
Methods to Control
Business Cycles
37.
38.
39.
40.
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