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Busi cycle, inflation

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Rachit Srivastava
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III. Business Cycle BO O M PEAK RECESSION DEPRESSION TROUGHS REVIVAL POTENTIAL GDP REAL GDP O TIME X Y
III. Business Cycle - Recession ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
III. Business Cycle - Depression ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
III. Business Cycle - Recovery ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
III. Business Cycle - Boom ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Inflation ,[object Object],[object Object],[object Object],[object Object]
Demand – Pull Inflation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Demand – Pull Inflation AD 1 AD2 AD3 AD4 Y* X o Y P 1 P 2 P 3 P 4 Output Price Level AS a b c d
Cost – Push Inflation : ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cost- Push Inflation Output Price Level Y X o AD AS 1 AS 2 AS 3 AS a b c P 1 P 2 P 3 Y*
National Income
Gross National Product (GNP) ,[object Object],[object Object],[object Object]
Following are not included in GNP ……. ,[object Object],[object Object],[object Object],[object Object],[object Object]
National Income ,[object Object],[object Object]
Private Income ,[object Object]
Personal Income ,[object Object]
Personal Disposal Income (PDI) ,[object Object]
Real Income ,[object Object]
Per Capita Income ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Three Approaches or Methods to calculate GNP ,[object Object],[object Object],[object Object]
Income Method ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Expenditure Method ,[object Object],[object Object]
Value- Added Method ,[object Object],[object Object],[object Object],[object Object]
Value Added Method Sectors Total Output Intermediate purchase Value – Added Agriculture 30 10 20 Manufacturing 70 45 25 Others 55 25 30 Total 155 80 75

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Busi cycle, inflation

  • 1. III. Business Cycle BO O M PEAK RECESSION DEPRESSION TROUGHS REVIVAL POTENTIAL GDP REAL GDP O TIME X Y
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. Demand – Pull Inflation AD 1 AD2 AD3 AD4 Y* X o Y P 1 P 2 P 3 P 4 Output Price Level AS a b c d
  • 9.
  • 10. Cost- Push Inflation Output Price Level Y X o AD AS 1 AS 2 AS 3 AS a b c P 1 P 2 P 3 Y*
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24. Value Added Method Sectors Total Output Intermediate purchase Value – Added Agriculture 30 10 20 Manufacturing 70 45 25 Others 55 25 30 Total 155 80 75

Notas del editor

  1. Prof. Samita Kher- Managerial Economics