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From SDG Academy
| 968 968 playsThis chapter serves as a conclusion to the course Macroeconomics for a Sustainable Planet. In this final video, Professor Sachs talks about the environmental challenges… -
From SDG Academy
| 678 678 playsThis chapter focuses on growth and inequality, and more specifically, the Kuznets Curve, in order to show the relationship between income per capita and inequality.… -
Solow's Growth Convergence Model
14:09duration 14 minutes 9 seconds
Solow's Growth Convergence Model
From SDG Academy
| 447 447 playsIn this chapter, Professor Larraín explains Solow's Growth Behavioral Model. He explains terms such as capital stock, investment, marginal productivity of… -
From SDG Academy
| 870 870 playsThis chapter focuses on globalization and the interconnection of the evolving world economy. Globalization is a multi-dimensional process of goods and services,… -
From SDG Academy
| 206 206 playsThis chapter discusses monetary policy, and focuses on the difference between fixed and floating exchange rates. It begins by explaining the role that a central bank… -
From SDG Academy
| 123 123 playsThis chapter discusses inflation and unemployment, as well as problems of stabilization. There is a trade-off between inflation and unemployment. Professor… -
From SDG Academy
| 103 103 playsThis chapter begins by explaining the impact of aggregate demand in an open economy, via fixed and flexible exchange rates. In a fixed or pegged exchange rate, the… -
From SDG Academy
| 32 32 playsThis chapter mentions three problems with stimulus policies. First, it may not be so easy to raise aggregate demand using the specific policy tools that government has,… -
From SDG Academy
| 60 60 playsIn this chapter, Professor Sachs discusses international trade and how it is affected by the exchange rate, which is in turn affected by financial flows and the… -
From SDG Academy
| 81 81 playsThis chapter focuses on saving and investment, which are the main drivers of capital accumulation. By building up the stock of capital, the economy becomes more… -
From SDG Academy
| 35 35 playsThis chapter discusses interactions between the public and private sectors through the role of pressure groups, who push the government in the direction of higher… -
From SDG Academy
| 40 40 playsThis chapter explains the IS-LM model of John Hicks to understand aggregate demand management. Assuming that wages are sticky and that the price that the business… -
From SDG Academy
| 49 49 playsIn this chapter, Professor Sachs talks about how gross domestic product (GDP) per person, as a rough measure of living standards and well-being, is increasingly being… -
From SDG Academy
| 107 107 playsIn this chapter, Professor Jeffrey Sachs introduces the course on macroeconomics for a sustainable planet, as well as his co-professor, Felipe Larraín,… -
From SDG Academy
| 28 28 playsThis chapter focuses on the purchasing power parity (PPP) and the interest rate arbitrage. Professor Larraín begins by explaining the law of one price, which… -
From SDG Academy
| 56 56 playsEnroll in Making Universal Social Protection a Reality. This video is licensed under the CC BY-NC 4.0 license.