The document discusses two narrative theories - Todorov's and Propp's. Todorov proposed that stories follow a 5-stage structure: equilibrium, disruption of equilibrium, recognition of disruption, repairing damage, and new equilibrium. An example using the movie Jennifer's Body is provided. Propp identified 8 character types and 31 narrative functions that are common across stories. The movie Horns is used to demonstrate Propp's character types.