Macro: Unit 1.1 -- The Business Cycle

Hey Everyone! I'm Mr. Willis, and You Will Love Economics!

In this video, I will:
- Introduce the business cycle graph
- Define basic terms and explain concepts at the foundation of economic performance, such as
expansion, contraction, recession, and depression
- Explain how components of the graph serve as economic indicators
- Practice identifying business cycles, periods of expansion and contraction, and peaks and
troughs through data on Real GDP, unemployment, and price level
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https://www.teacherspayteachers.com/Product/The-Business-Cycle-Activity-3090009

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Видео Macro: Unit 1.1 -- The Business Cycle канала You Will Love Economics