SUPPLY AND DEMAND INTERRELATION BY THE PHASES OF ECONOMIC CYCLE
Journal Title: Вісник соціально-економічних досліджень - Year 2016, Vol 1, Issue 60
Abstract
The article deals with theoretical questions of supply and demand on the phases of the economic cycle with an average wavelength specific to the national business cycle. On the basis of mathematical models of cyclicity of the gross domestic product and consumer price indices it was made an attempt to formulate a hypothesis sequence corresponding to different levels of price equilibrium of demand and supply phase of the economic business cycle.
Authors and Affiliations
Vladimir Karpov
Keywords
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