A Research On Periodical Fluctuation Of China's Economy

The economic fluctuation is a widespread and existent phenomenon in the macro-economy. This rule also governs the process of China's economic development. During the past fifty years after the establishment of PRC, China's economy had undergone both periods of fast and smooth development and unexpected economic slide down. It is of realistic importance to recognize such phenomenon in the economy and have a thorough understanding of the law of economic fluctuation, as this will help us better administer the macro economy and promote its healthy development.This paper explains or defines at the beginning some of the issues concerning the basic concepts, the selection of the indicators system measuring economic cycle, the classification of stages and kinds of economic cycle. On this basis a review of main western theories of economic cycle: the Keynesian theory and any other theories, such as the Samuelson's linear multiplier - accelerator dynamic model, the monetarists' economic cycle theory and neo-Keynesian economic cycle theory. A study of these theories will help us to put the theories into our practice and help us familiarize and master the rules of China's economic fluctuation for the purpose of our economic development.This paper purports to solve three inter-related problems: What is the current condition of our economic fluctuation? Why does China's economy fluctuate so sharply? And what measures shall we take to avoid severe economic fluctuation?...