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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.

Visit our website to view our complete video library.

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Looking for more? Check out some of our other popular videos:

Principles of Macroeconomics

The Keynesians

Econ Duel: Will Machines Take Our Jobs?
Econ Duel: Will Machines Take Our Jobs?

The Monetarists

Real Business Cycle

The Austrians

The Great Recession