Christina Romer chaired the Council of Economic Advisors during the Great Recession. Former Fed Chair Janet Yellen and an all-star lineup of professors from Berkeley, MIT, and Harvard explain how Romer's expertise on the Great Depression helped guide our policy response during a crisis.

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MRU is a free online resource for those both learning and teaching economics around the world. We have a library of over 900 free and engaging economics education videos taught by university professors, along with student practice materials and teacher resources. 

Check out our most popular courses including Principles of Micro and Macroeconomics.

What is Marginal 

Revolution University (MRU)? 

Learn more about MRU

MRU is a free online resource for those both learning and teaching economics around the worldWe have a library of over 900 free and engaging economics education videos taught by university professors, along with student practice materials and teacher resources. 

Check out our most popular courses including Principles of Micro and Macroeconomics.

What is Marginal Revolution University (MRU)? 

Learn more about MRU

We've been overwhelmed by the positive response from professors, students, and others who are eager to thank those who have inspired them. Check out their contributions below. 

We've been overwhelmed by the positive response from professors, students, and others who are eager to thank those who have inspired them. Check out their contributions below. 

Thinking of Becoming an Economist?

We've gathered up the best resources from around the web to address these and more. You'll be merrily on your way to econ nerdom! 

Christina Romer chaired the Council of Economic Advisors during the Great Recession. Former Fed Chair Janet Yellen and an all-star lineup of professors from Berkeley, MIT, and Harvard explain how Romer's expertise on the Great Depression helped guide our policy response during a crisis.

Christina Romer

#WomenInEconTest YourselfThe Great Recession, the Great Depression, and Fiscal PolicyChristina RomerWomen in Economics

Learn More

Test Yourself

As the CEA Chair, Romer was grappling with the Great Recession in real time, including trying to identify its proximate causes in order to determine the best solutions to mitigate it. This video tackles just one cause of The Great Recession: financial intermediation failure.

The Great Recession

Learn More About the Great Recession, the Great Depression, and Fiscal Policy

Learn More About Christina Romer

Remembrance of Economic Crises PastThinking of Becoming an Economist?

We've gathered up the best resources from around the web to address these and more. You'll be merrily on your way to econ nerdom! 

Download Video MP4Download Video MP4

Test Yourself

The Great Recession

Learn More About the Great Recession, the Great Depression, and Fiscal Policy

Policymakers like Romer recommend fiscal and monetary policy in order to combat a recession. Learn about how and why fiscal policy can be used by Romer and others to mitigate the effects of The Great Recession.

David Romer

Featuring:

Featuring:

Nancy
Rose

David
Romer

Intro to Fiscal Policy

As the CEA Chair, Romer was grappling with the Great Recession in real time, including trying to identify its proximate causes in order to determine the best solutions to mitigate it. This video tackles just one cause of The Great Recession: financial intermediation failure.

Romer has made several contributions to our understanding of the Great Depression, ranging from its relationship to Black Tuesday to how the US finally recovered. Here is a summary of some of the major factors that led to and compounded The Great Depression.

The Great DepressionRemembrance of Economic Crises Past

In this Freakonomics podcast, Romer shares what the Great Recession and Great Depression can teach us about the pandemic-induced crash.

PBS Frontline on Christina Romer and the Financial Crisis

In this PBS FRONTLINE interview, Romer recounts the extent of economic damage caused during the Great Recession.

The Great Depression

Romer has made several contributions to our understanding of the Great Depression, ranging from its relationship to Black Tuesday to how the US finally recovered. Here is a summary of some of the major factors that led to and compounded The Great Depression.

Intro to Fiscal Policy

Policymakers like Romer recommend fiscal and monetary policy in order to combat a recession. Learn about how and why fiscal policy can be used by Romer and others to mitigate the effects of The Great Recession.

In this Freakonomics podcast, Romer shares what the Great Recession and Great Depression can teach us about the pandemic-induced crash.

In this PBS FRONTLINE interview, Romer recounts the extent of economic damage caused during the Great Recession.

PBS Frontline on Christina Romer and the Financial Crisis

Ostrom was the first female to win the Nobel  Prize in economics due to her pioneering work on the tragedy of the commons.

Elinor OstromJanet Yellen

Christina Romer

Yellen was the first female Chair of the Fed, where she worked during and after the Great Recession. She has also made significant theoretical contributions to the field. 

Claudia Goldin

Schwartz and Milton Friedman co-authored “A Monetary History of the United States, 1867-1960”, which is the definitive diagnosis of the Great Depression. 

Anna Schwartz

Tyler Cowen

Featuring:

Ben Bernanke 

Featuring:

Featuring:

Christina Romer

Christina Romer

Featuring:

Nancy Rose

David Romer

Romer has devoted her academic career to enriching our understanding of business cycles. She also applied this deep expertise to help tackle the Great Recession by serving as Chair of the Council of Economic Advisers. 

Claudia Goldin

Featuring:

Ed Glaeser

Lawrence Katz

Goldin, the first female economist to receive tenure at Harvard, is the leading expert on changes in US women's workforce participation over the last 200 years. 

Featuring:

Ostrom was the first female to win the Nobel  Prize in economics due to her pioneering work on the tragedy of the commons.

Elinor OstromJanet Yellen

Christina Romer

Yellen was the first female Chair of the Fed, where she worked during and after the Great Recession. She has also made significant theoretical contributions to the field. 

Claudia Goldin

Schwartz and Milton Friedman co-authored “A Monetary History of the United States, 1867-1960”, which is the definitive diagnosis of the Great Depression. 

Anna Schwartz

Tyler Cowen

Featuring:

Ben Bernanke

Featuring:

Christina Romer

Christina Romer

Featuring:

Nancy Rose

David Romer

Romer has devoted her academic career to enriching our understanding of business cycles. She also applied this deep expertise to help tackle the Great Recession by serving as Chair of the Council of Economic Advisers.

Claudia Goldin

Featuring:

Ed Glaeser

Lawrence Katz

Goldin, the first female economist to receive tenure at Harvard, is the leading expert on changes in US women's workforce participation over the last 200 years.