Depression

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Related to Bipolar depression: manic depression, unipolar depression

Depression

Period when excess aggregate supply overwhelms aggregate demand, resulting in falling prices, unemployment problems, and economic contraction.

Depression

A particularly long and/or deep recession. While there is no technical definition of a depression, conventionally it is defined as a period featuring severe declines in productivity and investment and particularly high unemployment. During the Great Depression, for example, GDP in the United States dropped 12% between 1929 and 1930 and a further 16% the following year. Likewise, unemployment rose to more than 25% nationwide and higher in some places.

Depression.

A depression is a severe and prolonged downturn in the economy. Prices fall, reducing purchasing power. There tends to be high unemployment, lower productivity, shrinking wages, and general economic pessimism.

Since the Great Depression following the stock market crash of 1929, the governments and central banks of industrialized countries have carefully monitored their economies. They adjust their economic policies to try to prevent another financial crisis of this magnitude.

depression

see BUSINESS CYCLE.

depression

a phase of the BUSINESS CYCLE characterized by a severe decline (slump) in the level of economic activity (ACTUAL GROSS NATIONAL PRODUCT). Real output and INVESTMENT are at very low levels and there is a high rate of UNEMPLOYMENT. A depression is caused mainly by a fall in AGGREGATE DEMAND and can be reversed provided that the authorities evoke expansionary FISCAL POLICY and MONETARY POLICY. See DEFLATIONARY GAP, DEMAND MANAGEMENT.
References in periodicals archive ?
The Bipolar Depression Treatment Dynamic was conducted by StrategyOne, an applied research consulting firm, on behalf of the National Council for Community Behavioral Healthcare and AstraZeneca.
Symbyax is indicated in the United States for the acute treatment of bipolar depression and treatment-resistant depression in adults.
Compared with placebo, four patients would need to be treated for bipolar depression with Symbyax to achieve one greater response, or five patients would need to be treated with quetiapine.
published in the November 2003 issue of Archives of General Psychiatry, Symbyax helped to treat the symptoms of bipolar depression more effectively and at a significantly faster rate than placebo.
Single-Dose Ketamine Followed by Daily d-Cycloserine in Treatment-Resistant Bipolar Depression.
Data from the short-term, flexible-dose, placebo-controlled monotherapy bipolar depression study are presented in Table 3.
Bipolar depression agents, which should not be confused or used interchangeably with the term antidepressants, include effective medications for the treatment of bipolar depression.
Richard Maddison, who suffers from bipolar depression, said the drugs were for his own use and helped calm him down.
It is approved in 88 countries for the treatment of schizophrenia, in 79 countries for the treatment of bipolar mania, and in 11 countries including the US for the treatment of bipolar depression.
THE world's first internet-based education treatment for patients with bipolar depression is to be trialled by Cardiff University researchers.
Treatment of the symptoms of bipolar depression remains an area of significant unmet medical need, as current therapies are ineffective and result in numerous side effects.
Clinicians often treat bipolar depression with antidepressants as well, although they have worried that these substances may chemically jolt patients from depression into mania.