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

Causes of Business Cycles

Business cycles are caused by fluctuations in Aggregate Demand.

Other causes and contributing factors are the following:
  • Fluctuations in Investment spending
  • the Multiplier effect
  • Fluctuations in Exports
  • other events such as war, disaster, and shocks such as the banking collapse/financial crisis in 2008


Read this recent news article from Australia about the multiplier effect that government spending can have in an economy:
ABC news story



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