This document discusses theories of memory and forgetting. It describes the multi-store model of memory including sensory memory, short-term memory (STM), and long-term memory (LTM). It summarizes studies that investigated the capacity and duration of each store. The document also discusses theories of memory processing including levels of processing theory and the working memory model. Finally, it summarizes several theories of forgetting, including interference, failure of consolidation, absence of retrieval cues, and repression.