Learning Module 2 of Economics 6–9% of the exam
Understanding Business Cycles
3 lessons. About 0 minutes in cram mode, 0 minutes in full.
Lessons for this module are being written. The outcomes and lesson plan below are final.
Lessons
- 1 Overview of the Business Cycle
Coming soon
- 2 Credit Cycles
Coming soon
- 3 Economic Indicators over the Business Cycle
Coming soon
What the exam expects you to do
- Describe the business cycle and its phases.
- Describe credit cycles.
- Describe how resource use, consumer and business activity, housing sector activity, and external trade sector activity vary over the business cycle and describe their measurement using economic indicators.