I wish the economy wasn't so bad, I cant find work anywhere.
Well,we may call that a downward economy, recession or depression
The great depression was generally believed to be caused by very specific economic events.
Economic events could be what,it viewed by different economic thought ,like the classicals or Keynesians
Keynesian ecomincs is a bery interesting topic, it puts much more nuance on the ecomomy than just "Supply and Demand."