CFA® Level I Economics - Theories of the Business Cycle (Neoclassical, Keynesian, Monetarist)

[@vishalgehlot6109]

Very well explained. Really helped a lot to understand in just 5 min.

[@GuruUpendraK_IRMA]

Its Pure Gold...

[@krishnavghosh9236]

Very nicely explained thanks a lot

[@hfnna]

The Austrian business cycle theory isn’t that “overinvestment” causes business cycles it’s that malinvestment causes business cycles, when firms believe their is more resources than there actually is due to artificially low interest rates they invest in longer lines of production which they would without the interference on interest rates would know are unprofitable due to there not being enough resources to finish such a project, when they realize there isn’t enough resources to finish a project they liquidate their malinvestment, lay off workers etc which causes a recession

[@someonespeci1697]

#cfasuicide is real