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In operating the national economy, changes in total social supply and demand cause changes in the economic growth rate. When the economic growth rate fluctuates drastically, it indicates a severe imbalance between total social supply and demand. If cyclical variation characterizes such national economic fluctuations, they are referred to as business cycle fluctuations. This chapter mainly discusses the patterns, causes, and transmission mechanisms of cyclical fluctuations in the national economy.

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Cyclical Fluctuations in the National Economic Operation

  • 章节

  • 发表日期：

    2025年

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  • Muxi Lin,
  • Taiyan Huang

摘要

In operating the national economy, changes in total social supply and demand cause changes in the economic growth rate. When the economic growth rate fluctuates drastically, it indicates a severe imbalance between total social supply and demand. If cyclical variation characterizes such national economic fluctuations, they are referred to as business cycle fluctuations. This chapter mainly discusses the patterns, causes, and transmission mechanisms of cyclical fluctuations in the national economy.