An economic cycle is the overall state of the economy as it goes through four stages: expansion, peak, contraction, and trough. An economic cycle, also known as a business cycle, refers to ...

Economic profit contrasts from net income by subtracting both usual costs and missed alternative profits. Short-term economic losses may lead to long-term gains if underlying business strategies ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...