Economics of the Crisis - Policies to avoid a Depression [Head Start in A-Level Economics]

In this third lesson on aspects of the crisis, we have a series of videos covering how a recession can become a depression and whether fiscal and monetary stimulus policies will be enough to prevent a severe downturn.

Quiz

Try this Kahoot! quiz on macroeconomic policies to help avoid an economic depression. Click here to access the quiz.

Video 1

In this first video of lesson 3, we look at the risk of a depression for some economies as a result of the crisis.

Video 2

In this video we look at how five waves can cause an economic downturn to become an economic depression

Video 3

In this third video of this session, we think about some of the key ideas from Keynesian economics.

Video 4

In this fourth video in this session we look at some of the measures introduced by the government and the Bank of England to help avoid a deep and lengthy economic depression.

Quiz!

Have a go at this Kahoot! quiz on the economics of national debt!

Suggestions for further reading and watching

Financial Times: Global economy set for sharpest reversal since Great Depression

Guardian: Ten reasons why a 'Greater Depression' for the 2020s is inevitable (Nouriel Roubini)