Ch 41: Holt McDougal Economics Chapter 12.2: Business Cycles

About This Chapter

The Business Cycles chapter of this Holt McDougal Economics Companion Course helps students learn the essential lessons associated with business cycles. Each of these simple and fun video lessons is about five minutes long and is sequenced to align with the Business Cycles textbook chapter.

How It Works:

  • Identify the lessons in the Holt McDougal Business Cycles chapter with which you need help.
  • Find the corresponding video lessons with this companion course chapter.
  • Watch fun videos that cover business cycle topics you need to learn or review.
  • Complete the quizzes to test your understanding.
  • If you need additional help, rewatch the videos until you've mastered the material or submit a question for one of our instructors.

Students will learn:

  • The length of a business cycle
  • Aggregate supply and demand
  • The definition for macroeconomic equilibrium
  • How consumers are defined
  • What long-run production is
  • Factors that result in business cycle shifts
  • Business cycle indicators

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7 Lessons in Chapter 41: Holt McDougal Economics Chapter 12.2: Business Cycles
Test your knowledge with a 30-question chapter practice test
The Business Cycle: Economic Performance Over Time

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.

Understanding Aggregate Supply & Demand

2. Understanding Aggregate Supply & Demand

In this lesson, we explore aggregate supply and aggregate demand. In addition, we discover how economists represent these terms on a graph, using the AS/AD model.

Macroeconomic Equilibrium: Definition & Overview

3. Macroeconomic Equilibrium: Definition & Overview

When customers want something and businesses have what they want, you could say that supply and demand is equal. In this lesson, we'll learn why this happens and what factors contribute to that state of equilibrium.

Understanding Long-Run Production Decisions in Economics

4. Understanding Long-Run Production Decisions in Economics

Companies cannot afford to simply fulfill their contracts and hope for them to be repeated. Instead, they always have to keep an eye on the long run, or the economic period just after all current contracts have been fulfilled.

Who Is the Consumer in Microeconomics?

5. Who Is the Consumer in Microeconomics?

Who is the consumer in microeconomics? In this lesson, you will learn the definition of a consumer and the microeconomic assumption that explains their decision-making process.

Factors Affecting Business Cycles

6. 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.

Business Cycle Indicators for Economic Activity

7. 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.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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