What you’ll learn to do: describe the business cycle and its primary phases

In this section, you will look at fluctuations in GDP and learn about the peaks and troughs of the typical business cycle.

LEARNING ACTIVITIES

The learning activities for this section include:

• Reading: Tracking Real GDP Over Time
• Reading: Phases of the Business Cycle
• Reading: Overheating and Stagflation
• Video: The Business Cycle
• Self Check: The Business Cycle

Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.