Supply and demand interrelation by the phases of economic cycle

Vladimir Karpov
PhD in Economics, Professor of Economics and Management of National Economy Department, Odessa National Economics University, e-mail:karpov1958@yandex.ua

Cite this article:

Karpov, V. (2016), Supply and demand interrelation by the phases of economic cycle. Ed.: M. Zveryakov (ed.-in-ch.) and others [Spivvidnoshennia popytu ta propozytsii zа fazamy ekonomichnoho tsiklu; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, Issue 1, No. 60, pp. 44–54.

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.

Keywords

economic cycle; price equilibrium; Gross Domestic Product (GDP); prices index; Fourier-analysis.

JEL classification: A100; C100;  DOI: https://doi.org/10.33987/vsed.1(60).2016.44-54

UD classification: 330.33.012

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