A n overview of the Great Recession of 2007-2009, the worst global economic crisis since the Great Depression in the 1930s.

This video walks through part of question 3 on the 2018 AP Macroeconomics exam. Learn how to solve problems about calculating the unemployment rate, calculating the labor force participation rate, and the relationship between...

In 1958, economist Bill Phillips described an apparent inverse relationship between unemployment and inflation. Later economists researching this idea dubbed this relationship the 'Phillips Curve'. Learn about the curve that launched a...

One of the biggest worries associated with deflation is a deflationary spiral, in which low unemployment and a decreasing price level lead to lower unemployment and an even lower price level. [3:50]