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Endogenous models of the economic cycle

Geoff Riley

13th September 2009

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In A2 macro today we are considering some of the internal dynamics of the business cycle and in shaping turning points. We will cover stock cycles, multiplier effects, the accelerator mechanism and the significance of the output gap. I have attached below a chart-based handout in word format used for annotated notes.

Endogenous_Models_of_the_Economic_Cycle.doc

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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