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From SDG Academy 27 August, 2019
1,110 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 20 August, 2019
833 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.… -
From SDG Academy 20 August, 2019
524 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 20 August, 2019
965 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 20 August, 2019
298 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 20 August, 2019
125 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 20 August, 2019
127 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 20 August, 2019
151 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 20 August, 2019
77 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 20 August, 2019
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 20 August, 2019
45 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 20 August, 2019
47 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 20 August, 2019
39 playsThis 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… -
From SDG Academy 20 August, 2019
152 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 20 August, 2019
67 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 20 August, 2019
29 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…
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