Business cycles

Business cycles

Bachelor of Business Studies (BBS) — Second Year

Subject: Macroeconomics for Business (MGT 209)

Unit 6: Inflation and Business Cycles

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of business cycles.
• Explain the economic model or issue, identify its assumptions and interpret the relevant diagrams, calculations or dated evidence.

Curriculum Scope

• Concept, characteristics and phases
• Measures to control cycles
• Numerical exercises

Detailed Microsyllabus

1. Business-cycle foundations

   1. Expansion, peak, contraction and trough.
   2. Recurring fluctuations in aggregate activity.
   3. Characteristics and indicators of cycles.

2. Stabilization and exercises

   1. Monetary and fiscal stabilization approaches.
   2. Limits from timing and policy trade-offs.
   3. Interpret supplied numerical time-series evidence.

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Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 24-26.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Nepalese current-status discussions should identify the reporting period and use dated official publications, such as Nepal Rastra Bank reports, rather than undated figures.