A presentation on the business cycle is an insightful way to understand the fluctuations in the economy. The business cycle refers to the natural pattern of expansion and contraction of economic activity, which impacts businesses and individuals alike. This presentation provides a comprehensive overview of the various stages of the business cycle, including the peak, recession, trough, and recovery. It also covers the key indicators used to measure the business cycle, such as GDP, employment rates, and consumer spending. This presentation is an excellent resource for businesses, economists, and students looking to gain a deeper understanding of the business cycle and its impact on the economy.
2. Seminar : Preview
• Knowing "Business Cycle"
• Definition
• Types
• Phases
• Measures to Control
• Impacts of Business Cycle
3. The business cycle is also known as trade cycle or
economic cycles. Business cycle refers to fluctuations in
economic activities specially in employment, output and
income, prices, profits etc.
Meaning :
4. Definition :
• According to Keynes “A business cycle is composed of periods of good
business characterized by rising prices and low unemployment
percentages altering with periods of bad trade characterized by falling
prices and high employment percentages”.
5. Types of Business Cycle
• Short Time Cycle: This business cycle occur for a short period of time. It
is also known as minor cycle. It lasts for about 3-4 years.
• Long Time Cycle : This trade cycle occur for a long period of time. It is
also known as secular trend or major cycle. It lasts for about 4-8 years.
• Irregular Fluctuations : This trade cycle are unpredictable and occur
during a period of strikes, war, etc.
6. • Seasonal Fluctuations :This fluctuations take place due to seasonal
changes in the economy.
• Cyclical Fluctuation : These fluctuations are wave like changes in the
activity caused by expansion and contraction.
7. Phases of Business Cycle :
• Expansion
• Peak
• Recession
• Depression
• Trough
• Recovery
8. Measures to Control
1. Monetary Policy
2. Fiscal Policy
3. State Control of Private Investment
4. International Measures to Control of Business Cycle Fluctuation
5. Re-organizaton of Economic System
9. Impacts of Business Cycle
• External Factors :
(1) Wars
(2) Post War Reconstruction
(3) Technology
(4) Natural Factors
10. • Internal Factors :
(1) Fluctuations in Effective Demand
(2) Fluctuations in Investments
(3) Variations in government spending
(4) Money Supply
(5) Monetary and Fiscal Policies
(6) Psychological Factors