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CFA Level 1 Economics
·
Module 8
Business Cycles and Macroeconomic Theory
1
Business Cycles and Resource Allocation
Describe the phases of a business cycle and the resource use patterns during each phase.
2
Classifying Economic Indicators
Classify economic indicators as leading, lagging, or coincident.
3
Business Cycles: Inflation & Unemployment
Explain how business cycles affect inflation and cyclical unemployment.
4
Understanding the Phillips Curve
Explain the Phillips curve relationship between inflation and unemployment.
5
Business Cycle Theories: Keynesian, Monetarist, and Real Business Cycle Perspectives
Summarize the Keynesian, Monetarist, and Real Business Cycle theories of business cycles.
Previous module
Economic Growth and the AD-AS Model
Next module
Money, Central Banking, and Monetary Policy