Archive | Trade Cycle

Cobweb Theory of Trade Cycle

In this article we will discuss about:- 1. Introduction to Cobweb Theory 2. Assumptions of Cobweb Theory 3. Criticism 4. Conclusion. Introduction to Cobweb Theory: The Cobweb Theorem attempts to explain the regularly recurring cycles in the output and prices of farm products. Frankly speaking, it is not a business cycle theory for it relates only to the farming sector [...]

By |2016-08-18T11:20:12+05:30August 18, 2016|Trade Cycle|Comments Off on Cobweb Theory of Trade Cycle

Trade Cycle: Meaning, Features and Theories

In this article we will discuss about Trade Cycle:- 1. Meaning of Trade Cycle 2. Features of a Trade Cycle 3. Phases 4. Theories. Meaning of Trade Cycle: A trade cycle refers to fluctuations in economic activities specially in employment, output and income, prices, profits etc. It has been defined differently by different economists. According to Mitchell, "Business cycles are [...]

By |2016-05-23T06:13:47+05:30May 23, 2016|Trade Cycle|Comments Off on Trade Cycle: Meaning, Features and Theories

Business or Trade Cycle: Meaning, Characteristics and Theories

Let us learn about Business or Trade Cycle. After reading this article you will learn about: 1. Meaning of Business Cycles 2. Characteristics of Business Cycles 3. Phases of a Business Cycle 4. Theories 5. Control. Meaning of Business Cycles: A capitalistic economy experiences fluctua­tions in the level of economic activity. And fluctuations in economic activity mean fluctuations in macroeconomic [...]

By |2016-01-29T10:02:39+05:30January 29, 2016|Trade Cycle|Comments Off on Business or Trade Cycle: Meaning, Characteristics and Theories
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