Business Cycles and Growth Determinants

This video covers the following learning objectives:

✅ Define and describe the phases of the business cycle: Expansion, Peak, Contraction (Recession), and Trough.
✅ Explain how real GDP, unemployment, inflation, and investment levels change throughout the business cycle.
✅ Demonstrate the visual representation of business cycles using Excel graphs and idealized economic data.
✅ Identify and analyze key growth determinants, including capital investment, labor force growth, productivity, human capital, technology, and institutional quality.
✅ Distinguish between short-term cyclical fluctuations and long-term economic growth trends.
✅ Understand how business cycles and growth drivers apply to investment strategies, risk management, and economic decision-making.
✅ Connect policy tools such as monetary and fiscal policy to managing business cycles and supporting sustainable growth.
✅ Apply this knowledge in exam preparation and real-world financial contexts for CFA, CSC, CFP, and FRM certifications.