AP Macroeconomics - The Business Cycle: Introduction to Macroeconomic Indicators
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Bell Ringer: Ask students how they think the economy is doing right now -- is it "up" or "down"? You can get an idea of where the economy is (i.e., the phase of the business cycle) at http://www.nber.org/cycles.html, the website of the the organization that dates U.S. business cycles. This lesson from [EEL-link id='5227' title='Advanced Placement Macroeconomics (4th Edition)' ], focuses on the study an control of business cycles, which are the heart of macroeconomics. Business cycles are a problem because output fluctuations lead to unemployment and inflation.
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