Please enable JavaScript.
Coggle requires JavaScript to display documents.
Mareconomics (Economic Growth【% change in real GDP】 (Business cycle (cause…
Mareconomics
Economic Growth【% change in real GDP】
factors affecting growth
productivity gains（output per unit of labour）
availability of capital
growth of labour force
GDP
Business cycle
peak
货币政策is aimed at slowing growth & controling inflation
Economic shocks or other factors may contribute to the end of an expansion
contraction
失业增加
inflation & interest rate tend to fall
monetary and fiscal policies are designed to stimulate growth
expansion
inflation & interest rate +
High rate of employment result in higher wages
production＋
trough and recovery
contraction ends and economic growth stabilises
investment and consumer demand pick up
Trough marks the end of the contraction and the beginning of the recovery
cause of business cycle
business spending
government spending
consumer spending
net exports
economic indicators 经济指标
economic indicators
coincident indicators
leading indicators
lagging indicators
industrial production
real GDP
others
Interest Rates
Inflation
Unemployment
Exchange Rates