© Copyright 2017 Marginal Revolution University. All rights reserved.
Game of Theories: Business Cycles
Booms and busts are coming.
And they've occurred many times before (Great Recession, anyone?).
But what causes them? And how should we respond to them?
Ask a room of economists, and you'll likely get many different answers. With this series, you'll get a quick overview of the four main business cycle theories and see how they might apply to the Great Recession.
What's Marginal Revolution University?
Many of us can recall that first teacher that changed the way we saw the world. We're aiming to recreate that experience everyday for millions worldwide, for free.
Marginal Revolution University, founded in 2012 by George Mason University professors Tyler Cowen and Alex Tabarrok, is a nonprofit, online education platform for teaching and learning economics.
We have supported teachers, students, and lifelong learners by producing more than 900 engaging economics videos and related teaching resources.
Among other courses, we offer complete Micro and Macro courses – both online and completely free.
Looking for more? Check out some of our other popular videos:
Principles of Macroeconomics
The Keynesians
Produced by Marginal Revolution University
The Monetarists
Real Business Cycle
The Austrians
The Great Recession
Game of Theories Tees
Left to right: The Monetarists, The Keynesians, The Austrians, Real Business Cycle
The giveaway is over. Congrats to the winners!