Teaching Points in Comparing the Great Depression to the 2008-2009 Recession in the United States
Description:
For an introductory macroeconomics course, the discussion of historical relevance helps foster important learning connections. By comparing the Great Depression to the 2008-2009 recession, a macroeconomics instructor can provide students with connections to history. This paper discusses the major causes of each recession, major fiscal policy and monetary policy decisions of both recessions, and the respective relevance in teaching the relationship of each policy to gross domestic product. Th…
more
Date:
May 2010
Creator:
Killian, Tiffany Noel