procyclical

Meanings

• adjective

  Relating to or characterized by a cyclical pattern, especially one that recurs with economic boom and bust.

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Antonyms

countercyclical

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Variants

List of all variants of procyclical that leads to same result
pericycle , pericycles , pericyclic

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Etymology

origin and the way in which meanings have changed throughout history.

From pro- 'forward' + cyclical 'related to a circle'

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The term 'procyclical' was first used in economics in the late 19th century.

2. Procyclical trends can be observed in various economic variables, such as Gross Domestic Product (GDP), employment, and stock prices.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. business cycle: A series of fluctuations in economic activity, typically involving periods of expansion (boom) and contraction (recession).

2. economic trend: A general direction in which an economic variable is moving.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Procyclical is a term used in economics to describe a trend or pattern that follows a cyclical path, such as an economic boom followed by a bust. It is often used in contrast to acyclical, which refers to a trend that does not follow a cyclical pattern.

How to Memorize "procyclical"

1. visualize
   

   - Visualize a graph with a repeating pattern of ups and downs to represent the procyclical nature of certain economic trends.

2. associate
   

   - Associate the word 'procyclical' with the image of a rollercoaster, which goes up and down in a cyclical pattern.

3. mnemonics
   

   - Use the mnemonic 'People Eat And Rave Before They Cry' to remember that Procyclical trends follow a pattern of boom and bust.

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