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This chapter serves as a conclusion to the course Macroeconomics for a Sustainable Planet. In this final video, Professor Sachs talks about the environmental challenges…
The Challenge of Sustainable Development
From SDG Academy
1,113 plays -
This chapter focuses on growth and inequality, and more specifically, the Kuznets Curve, in order to show the relationship between income per capita and inequality.…
Growth and Inequality
From SDG Academy
837 plays -
In this chapter, Professor Larraín explains Solow's Growth Behavioral Model. He explains terms such as capital stock, investment, marginal productivity of…
Solow's Growth Convergence Model
From SDG Academy
524 plays -
This chapter focuses on globalization and the interconnection of the evolving world economy. Globalization is a multi-dimensional process of goods and services,…
What is Globalization?
From SDG Academy
974 plays -
This 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…
Monetary Policy Under Fixed and Floating Exchange…
From SDG Academy
304 plays -
This 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…
Aggregate Demand with Fixed Exchange Rate
From SDG Academy
127 plays -
This chapter discusses inflation and unemployment, as well as problems of stabilization. There is a trade-off between inflation and unemployment. Professor…
Inflation, Unemployment, and the Phillips Curve
From SDG Academy
127 plays -
This 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…
Consumption, Saving, and the Intertemporal Budget…
From SDG Academy
153 plays -
In 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…
Aggregate Demand with Flexible Exchange Rate
From SDG Academy
77 plays -
This 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,…
Three Big Problems with Aggregate Demand…
From SDG Academy
32 plays -
This chapter discusses interactions between the public and private sectors through the role of pressure groups, who push the government in the direction of higher…
Interactions Between the Public and Private…
From SDG Academy
48 plays -
This module covers money and central banking, and looks at how a barter economy differs from a monetary economy. The financial crisis of 2008 is explained in order to…
"Money vs. Barter" History and Concepts
From SDG Academy
44 plays -
This 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…
Output Determination in the IS-LM Model
From SDG Academy
47 plays -
In this chapter, Professor Jeffrey Sachs introduces the course on macroeconomics for a sustainable planet, as well as his co-professor, Felipe Larraín,…
Introduction to Macroeconomics
From SDG Academy
153 plays -
In 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…
GDP and Well-Being
From SDG Academy
67 plays -
In this video, SDG Index Manager Guillaume Lafortune outlines the five assumptions and four methodological steps used to construct the SDG Index and Dashboards. This…
The SDG Index: Constructing the Dashboards
From SDG Academy
131 plays
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