The Economic Cycle

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  • Created by: Tara
  • Created on: 08-05-14 12:13
A term used to describe the endency of economic activity to cycle along its trend path
economic cycle
1 of 6
Measurement of the economic cycle
real GDP
2 of 6
Strong and rising level of demand for uk output
Boom
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Declining demand for UK output
Recession
4 of 6
Lowest part of economic cycle
Slump
5 of 6
The gradual rise of GDP
Recovery
6 of 6

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Card 2

Front

Measurement of the economic cycle

Back

real GDP

Card 3

Front

Strong and rising level of demand for uk output

Back

Preview of the front of card 3

Card 4

Front

Declining demand for UK output

Back

Preview of the front of card 4

Card 5

Front

Lowest part of economic cycle

Back

Preview of the front of card 5
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