Business Cycle Khan Academy
Topics include the four phases of the business cycle and the relationship between key macroeconomic indicators at different phases of the business cycle.
Business cycle khan academy. Khan academy is a 501 c 3 nonprofit organization. Our mission is to provide a free world class education to anyone anywhere. Whenever you think of a cycle even the way i drew it it kind of looks like a nice well defined pattern and every the same amount of years you re going up and down it kind of implies that it s predictable.
Gross domestic product unemployment and inflation. In this unit you ll learn to identify and examine key measures of economic performance. In this lesson summary review and remind yourself of the key terms concepts and graphs related to the business cycle.
Aggregate demand issues log in or sign up to track your course progress gain access to final exams and get a free certificate of completion. The discussion includes unemployment inflation expansions recessions and economic growth. The reality is that the business cycle is very.
Economic indicators and the business cycle ap macroeconomics khan academy khan academy. Last updated on oct 22 2018. The concept of the business cycle also gives you an overview of economic fluctuations in the short run.
The business cycle back to 4 9. When using the expenditures approach to calculating gdp the components are consumption investment government spending exports and imports. Economics ap college macroeconomics economic indicators and the business cycle business cycles.
The term cycle is a little bit misleading. This video demonstrates how different points of the business cycle correspond to the production possibilities curve. The business cycle watch this lecture about the business cycle.