Cyclical Fluctuations in the National Economic Operation

Muxi Lin () and Taiyan Huang
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Muxi Lin: Liaoning University
Taiyan Huang: Renmin University of China

Chapter Chapter 7 in National Economics, 2025, pp 147-160 from Springer

Abstract: Abstract In operating the national economy, changes in total social supply and demand cause changes in the economic growth rate. When the economic growth rate fluctuates drastically, it indicates a severe imbalance between total social supply and demand. If cyclical variation characterizes such national economic fluctuations, they are referred to as business cycle fluctuations. This chapter mainly discusses the patterns, causes, and transmission mechanisms of cyclical fluctuations in the national economy.

Date: 2025
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DOI: 10.1007/978-981-96-9618-5_7

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