Publisher's Synopsis
Business Cycles and Economic Growth is a comprehensive book written by James S. Dusenberry. The book explores the relationship between business cycles and economic growth, and provides readers with an in-depth understanding of the factors that contribute to the fluctuations in economic activity. The author begins by defining business cycles and explaining their characteristics, such as the phases of expansion and contraction. He then delves into the various theories that attempt to explain the causes of business cycles, including the Keynesian and monetarist schools of thought. The book also covers the role of government policies in managing business cycles, such as fiscal and monetary policies. The author discusses the effectiveness of these policies and their impact on economic growth. In addition, the book examines the relationship between business cycles and long-term economic growth. The author explores the factors that contribute to sustained economic growth, such as technological advancements and investment in human capital. Overall, Business Cycles and Economic Growth is a valuable resource for students and professionals in economics, finance, and business. It provides a comprehensive overview of the complex relationship between business cycles and economic growth, and offers insights into how governments and businesses can manage these fluctuations to promote long-term economic growth.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
