The facts of business cycles. Why study business cycles? ; Describing business cycles
Macroeconomic theories of business cycles. Early business cycle theories ; Keynes's and Keynesian theory ; Austrian economics ; The monetarist model ; The rational expectations model ; Real business cycle models ; New Keynesian models
Financial instability and forecasting. Models of credit and financial instability ; Beliefs, behavior, bubbles, and banking crises ; Macroeconomic forecasting
Business cycles in the United States. The Great Depression ; Postwar business cycles
Modern international recessions and depressions. The East Asian Crisis and the I.M.F. ; The Great Recession in Japan ; Sovereign debt crises and the Euro-Zone ; The Global Financial Crisis of 2008 ; Conclusions : what we know and do not know about business cycles.