Here is a term paper on the ‘Business Cycles’ for class 9, 10, 11 and 12. Find paragraphs, long and short term papers on the ‘Business Cycles’ especially written for commerce students. Term Paper on the Business Cycles Term Paper Contents: Term Paper on the Introduction to Business Cycles Term Paper on the Definition of Business (Trade) Cycle Term Paper [...]
In this article we will discuss about the pure monetary theory of business cycle. Also learn about its criticisms. The business cycle literature abounds in monetary or financial theories. (Most of such theories lie in the mere general category of expectations theories since they rely on endogenous changes in expectations to provide cycle turning points.) A pioneering attempt to develop [...]
In this article we will discuss about the innovation theory of business cycles. Also learn about its criticisms. Joseph Schumpeter offered his own explanation of trade cycles on the basis of the timing of major innovations in a capitalist system. He has suggested an explanation of the business cycle in items of innovations that take place in the economic system [...]