About This Chapter
Business Cycle - Chapter Summary
This series of business lessons describes business cycles and the fluctuating performance of the economy over time. Containing bite-sized video and text-based lessons, this chapter defines several economic indicators and the concept of business cessation. Our expert instructors also show you how business cycles are affected by particular factors. This chapter is designed to help you:
- Understand how the economy performs over time
- Identify factors that affect business cycles
- Define leading, coincident and lagging economic indicators
- Differentiate between voluntary and involuntary cessation
To help you retain the business cycle topics you've studied, we've included brief lesson quizzes and a chapter exam. Your course Dashboard allows you to quickly find the lessons you want to study, and you can view any lesson whenever you have free time. Use any Internet-connected device to access the material and ask our instructors questions they arise.
1. The Business Cycle: Economic Performance Over Time
Learn the economic terms that describe economic performance over time and how indicators such as unemployment and inflation behave throughout these economic fluctuations.
2. Factors Affecting Business Cycles
In this lesson we'll learn about the factors that affect the business cycle. The business cycle can be used to help predict future business and is very important in the forecasting model.
3. Business Cycle Indicators for Economic Activity
This lesson discusses time-sensitive economic indicators, including leading, coincident, and lagging indicators. Each gives us a different, yet interesting, view of the economy. Review examples of each to learn more, then take a brief quiz.
4. Voluntary & Involuntary Cessation in Business
Businesses close for a number of reasons, and it can happen at any time. This lesson will discuss the differences between voluntary and involuntary cessation and how it impacts the people involved.
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Other chapters within the HSC Business Studies: Exam Prep & Syllabus course
- Nature of Business
- Types of Business
- Business Industries in Australia
- Influences on Businesses in Australia
- Stakeholders in Business
- Global Markets in Business
- Management Skills
- Management Approaches
- Management Processes
- Business Planning & Strategy
- Business Forecasting
- Business Strategies & Values
- Operations Management & Inventory Management
- Scheduling in Operations Management Overview
- Supply Chain Management in Business
- Marketing Roles & Objectives
- Types of Markets
- Influences of Marketing in Australia
- Marketing Information & Research
- Marketing Strategy in Business
- Pricing Strategy in Business
- Promotion in Marketing
- Place & Distribution in Business
- International Marketing Basics
- Business Financing in Australia
- Financial Planning & Implementation
- Financial Monitoring & Control
- Financial Ratios
- Financial Management Overview
- Global Financial Management
- HRM: Human Resources Management
- Employee Acquisition & Development
- Human Resource Metrics & Measurement
- Employee Separation
- Legal Considerations in Australian HR
- HSC Business Studies Flashcards