11.3 Business Cycles

In this section

• Understanding Business Cycles: Expansion and Contraction
  Explore the intricacies of business cycles, focusing on expansion and contraction phases. Learn how these economic fluctuations impact investment decisions and securities markets.
• Understanding Recessions and Recoveries: Key Concepts for the Series 6 Exam
  Master the concepts of recessions and recoveries for the Series 6 Exam. Understand economic cycles, causes of recessions, recovery phases, and the role of monetary and fiscal policy in managing economic downturns and recoveries.