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From SDG Academy on 27 August, 2019
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… -
From SDG Academy on 20 August, 2019
In this chapter, Professor Larraín talks about poverty traps, growth traps, middle income traps and their causes. Poverty traps are restrictions that make… -
From SDG Academy on 20 August, 2019
This 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 on 20 August, 2019
In this chapter, Professor Sachs compares a macroeconomy to a human body, addresses what pathologies could afflict a macroeconomy, as well as addresses what a healthy… -
From SDG Academy on 20 August, 2019
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,… -
From SDG Academy on 20 August, 2019
In this chapter, Professor Larraín talks about the sources of economic growth and Solow's growth accounting framework. Solow’s framework says that… -
From SDG Academy on 20 August, 2019
This chapter discusses inflation and unemployment, as well as problems of stabilization. There is a trade-off between inflation and unemployment. Professor… -
From SDG Academy on 20 August, 2019
In this chapter, Professor Sachs discusses an economy that is not fully employed, or an economy that is in an economic recession or depression. He explains the factors… -
From SDG Academy on 20 August, 2019
Our total gross domestic product is available either for consumption or for savings: savings are evaluated in more detail in this chapter through various perspectives.… -
From SDG Academy on 20 August, 2019
This chapter discusses inflation, unemployment, and stabilization. It begins with the example of hyperinflation in Zimbabwe in the late 2000s, and provides other real… -
From SDG Academy on 20 August, 2019
The chapter focuses on long term economic growth and begins with the growth experiences of Southeast Asia and Latin America. Professor Larraín introduces the Rule… -
From SDG Academy on 20 August, 2019
In this chapter, Professor Sachs considers that globalization involves global production systems, in which many countries are engaged in the production of a final… -
From SDG Academy on 20 August, 2019
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.… -
From SDG Academy on 20 August, 2019
This chapter talks about business capital and business decisions, specifically profit-oriented investment. Investment decisions are evaluated on a basic condition, which… -
From SDG Academy on 20 August, 2019
This 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 on 20 August, 2019
This chapter focuses on the permanent income view of consumption and saving, delving deeply into mechanics and also exploring how taxes can be incorporated into a…
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