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Grade 9-12
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Upcoming Webinar

Macroeconomics 302: Business Cycles- Recession vs. Depression

Updated: May 5 2020

Objective

Teachers will be able to:

  • Identify the last key recessions in the U.S.
  • Define a business cycle and describe the interplay of key economic indicators.
  • Compare and contrast a recession and a depression. 

In this economics webinar, teachers will examine factors that influence levels of production, income, employment, and prices.

Description

This webinar will examine the particular business cycles of the Great Depression (1929-33) and the Great Recession of 2008. By comparing and contrasting the two, each phase of a business cycle will be described, actual GDP to potential will be compared, and global business cycle indicators will be highlighted.