Business Cycle: The US and the Japanese Experience
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Details
Case Code:
ECON001
Case Length:
4
Period:
Pub Date:
2004
Teaching Note:
YES
Price (Rs):
0
Organization:
Not Applicable
Industry:
Government & Non-Profit Organisations
Country:
Japan
Themes:
Macroeconomic Environment,Political environment
Abstract
The two caselets discuss the depression in the US in the 1930s and the recession in Japan in the 1990s. Caselet 1 discusses the reasons for the depression in the US in the 1930s and examines the role of government intervention in reviving the economy. Caselet 2 discusses the recession in Japan in the 1990s. It examines the monetary policy measures taken by the central bank and their impact on the economy.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- Characteristics of business cycle, Techniques for forecasting business cycles.
Keywords
Case depression, US, 1930, recession, Japan, 1990, government, economy, monetary policy, measures, central bank