Game of Theories: Real Business Cycle
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- Title:
- Game of Theories: Real Business Cycle
- Description:
-
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Many economic downturns throughout human history can be explained by real business cycle (RBC) theory. So what makes this theory “real” and what are its drawbacks? We’ll cover both in this five-minute tour of RBC.
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- Video Language:
- English
- Team:
Marginal Revolution University
- Project:
- Macro
- Duration:
- 05:02