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Cyclicity - Unavoidable Process in the Economic Evolution

Author

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  • BăeÅŸu Camelia

    („Ştefan cel Mare†University of Suceava)

Abstract

In general, conditions of economic nature undergo changes; moderate expansions give often birth to inflation and it turn to recessions. Lately more and more economists have tried to approach a series of aspects concerned with the development of business cycle at macro-economic level, the relationship existing between business cycle at macro-economic level and business cycle specific to micro-economic one. When identifying a business cycle special attention is given to the periods in which the economic activity declines. The phases of cyclic movement are mutually conditioned and prepare in time the pr.

Suggested Citation

  • BăeÅŸu Camelia, 2017. "Cyclicity - Unavoidable Process in the Economic Evolution," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 366-370, December.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:366-370
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    More about this item

    Keywords

    Cycle; cyclicity; fluctuations; productivity;
    All these keywords.

    JEL classification:

    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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