Welcome to CW Economics!

The study of economics is challenging and rewarding. Use this site to check up on topics covered, homework assigned, and assignments given.

Upcoming Assignments and Tests

  • Grade 12 Book Club Monday, January 16. Journals due Tuesday, January 17
  • Grade 12 essays due Tuesday, January 24 at 10:24am (2 COPIES)
  • Grade 11 Final Summative Game due Tuesday, January 24 at beginning of class.
  • Monetary Policy - Interest Rates due Tuesday, January 10
  • Banking Assignment due Friday, December 23

Thursday, December 1, 2016

Business Cycles

The business cycle refers to the ups and downs of AD over time.  There are 5 phases to the business cycle:
Trough
Recovery
Expansion
Peak
Recession (defined as 2 successive quarters of negative GDP growth)
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