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Business Cycle Theories

A Business Cycle

Christina D. Romer writes about business cycles in The Concise Encyclopedia of Economics:
www.econlib.org/library/Enc/BusinessCycles.html

Geoffrey H. Moore explains what a recession is in The Concise Encyclopedia of Economics:
www.econlib.org/library/Enc/Recessions.html

The "Ask Dr. Econ" column at the Federal Reserve Bank of San Francisco answers the question, "What are business cycles and how do they affect the economy?"
www.frbsf.org/education/activities/drecon/answerxml.cfm?selectedurl=/2002/0205.html

Feedback

One of the entries from wikipedia that explains feedback is the entry on "virtuous circle and vicious circle." Both are examples of a positive-feedback loop:
en.wikipedia.org/wiki/Virtuous_circle_and_vicious_circle

Financing a Cycle

(I have not yet found an appropriate entry for this topic.)

Investment and Savings

(I have not yet found an appropriate entry for this topic.)

The Accelerator Principle

It is hard to find much that is not overly technical about the accelerator principle:
www.economyprofessor.com/economictheories/multiplier-accelerator.php
www.economyprofessor.com/economictheories/acceleration-principle.php

These links were checked on July 5, 2008.

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Copyright Robert Schenk

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