Germany (2). Section 3 deals with business cycle theory. To start with, it highlights the long tradition of theories that have …. Accordingly this paper has to two objectives: Firstly, it presents economic theory explaining business cycles to historians … developments in business cycle theory (3.3). Section 4 discusses the application of business cycle theory in historical research …

‘The Theory of Economic Development’ is still one of the most famous and influential books in the entire field of … entrepreneurship that exist, Schumpeter’s theory is still, to my mind, the most fascinating as well as the most promising theory of …

theory -- The monetarist model -- The rational expectations model -- Real business cycle models -- New Keynesian models …