Grammar and vocabulary used to describe the development of business/economy cycles, rise and fall of interest rates, profits, sales, etc.

1. ECONOMIC CYCLES
Grammar and Vocab for my SUPmanagement students 5th year

2. BASIC VOCABULARY
• When talking about development of economy, prices, sales or profits, we use the following
terms:
•RISE – INCREASE – UPTURN – RECOVERY –
EXPANSION – GROWTH - BOOM
•FALL – DECREASE – DOWNTURN – RECESSION –
CONTRACTION – DEPRESSION

3. ADJECTIVES TO DESCRIBE RISE/FALL
•Slow
•Steady
•Sharp
•Dramatic

4. GRAMMAR POINT!
• We say:
•A sharp fall of economy in 2009 …
But
•The economy fell sharply in 2009.
• !! Always use adjectives with nouns but adverbs with verbs!!!
• Sharp – sharply
• Dramatic – dramatically
• Steady - steadily

5. PEAK AND TROUGH
• Peak is the highest point of the business cycle
• Trough is the lowest point of the business cycle

6. DESCRIBE THE DEVELOPMENT OF GDP IN GUINEA
The Gross Domestic Product (GDP) of Guinea was
falling/decreasing/in recession in the years 2005-
2007.
There was a downturn/recession/contraction of
GDP in Guinea in the years 2005-2007.
The GDP reached its peak in 2008.
In 2009, Guinea experienced a dramatic
fall/depression/downturn and its GDP reached its
trough.
The year 2010 was a year of recovery and the GDP
rose/increased again.
We see a steady decrease/downturn/recession of
GDP from 2011 to 2012. There was a sharp
fall/decrease of GDP in the year 2013 and 2014,
before the recovery in 2015.
http://www.africaneconomicoutlook.org/fileadmin/uploads/aeo/2015/CN_
data/Cn_Long_FR/Guinee_2015.pdf