Definition and stages of business cycles, their causes and the characteristic of kinds. Types and a continuity of business cycles. Kondratyevs wave. A role of cycles in stabilization of a policy of the state. Great depression as an economic crisis.
Ministry of education and science of Ukraine National technical university of Ukraine “Kiev polytechnic institute” Faculty of management and marketing Report on Macroeconomics «The business cycles as a form of economic development» Written by The student of UZ-92 Osipov Dmitry Checked by Ereshko Yu. A. Kiev-2010 Contents busines economic cycle Introduction Definition of cyclicity Stages of the business cycles Recession Through Recovery Peak Causes of economic cycles Types and continuity of the Business cycles Short cycles Middle Term cycles Long cycles (The Kondratiev wave) Stabilizing policy of the State The great depression The list of used literature Introduction The modern society strives to continuously improve the level of life and living conditions, which can only provide sustainable economic growth. However, long-term economic growth is not even, but is constantly being interrupted by periods of the economic instability. The ups and downs along the level of output, following one another, are commonly
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