Business Cycles in Economics

TL;DR

This paper introduces the Ledenyov unified business cycles theory within classical and quantum econodynamics, aiming to model economic oscillations for better financial decision-making.

Contribution

It formulates a new unified theory of business cycles incorporating classical and quantum econodynamics to improve understanding of economic oscillations.

Findings

Development of a unified business cycles theory

Application of classical and quantum econodynamics models

Potential for optimized financial decision-making

Abstract

The business cycles are generated by the oscillating macro-/micro-/nano- economic output variables in the economy of the scale and the scope in the amplitude/frequency/phase/time domains in the economics. The accurate forward looking assumptions on the business cycles oscillation dynamics can optimize the financial capital investing and/or borrowing by the economic agents in the capital markets. The book's main objective is to study the business cycles in the economy of the scale and the scope, formulating the Ledenyov unified business cycles theory in the Ledenyov classic and quantum econodynamics.