Recessions and Depressions : Understanding Business Cycles
TODD ALAN. KNOOP
Bok Engelsk 2004 · Electronic books.
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Utgitt | Santa Barbara : : ABC-CLIO, , 2004.
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Omfang | 1 online resource (308 p.)
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Opplysninger | Description based upon print version of record.. - Contents; Illustrations; Preface; Part I: The Facts of Business Cycles; Part II: The Macroeconomic Theory of Business Cycles and Forecasting; Part III: Business Cycles in the United States; Part IV: Modern International Recessions and Depressions; Appendix: A Brief Comparison of Major Business Cycle Theories; Glossary; Bibliography; Index. - The economy of any nation is an intricate web of relationships among the factors determining supply and demand-and everything that affects them, from inflation to taxes to the stock market. The study of business cycles attempts to explain why economies grow and contract, experiencing periods of prosperity and pain. Consistent with the popular conception of economics as the dismal science, economists secretly long for recessions (periods of negative growth) and depressions (severe contractions), not because they enjoy their devastating impact on human welfare, but because these downturns serve
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ISBN | 0275981622
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Recessions and depressions : understanding business cycles
Todd A Knoop
Todd A. Knoop
Bok · Engelsk · 2010
Todd A Knoop
Todd A. Knoop
Bok · Engelsk · 2010