Business cycle theory explains the causes of business cycle and the propagate mechanisms which are the basis to make policy and evaluate the national economy.
经济周期理论从不同角度探讨了宏观经济周期性波动的原因及传导机制，是调节宏观经济波动以及进行宏观经济评价与预警的基础。
On the other hand, real estate has long development cycle, the amount of funds, the operational risk of industry that often affects the entire national economy.
另一方面，房地产开发周期长，资金占有量大，行业的经营风险常常会波及整个国民经济。
Real estate industry, which is playing a leading role in the development of national economy, shows more and more obviously the characteristic of cycle fluctuation.
房地产业在整个国民经济体系中属于先导性、基础性产业，处于主导产业地位，其存在着明显的周期波动规律。
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