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13:56

The Challenge of Sustainable Development

The Challenge of Sustainable Development

From SDG Academy

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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…
06:17

Growth and Inequality

Growth and Inequality

From SDG Academy

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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.…
59:03

Conversation with Mariana Mazzucato, Mission…

Conversation with Mariana Mazzucato, Mission Economy

From SDG Academy

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This conversation with Professor Mariana Mazzucato, took place on April 26, 2021, as part of the Book Club with Jeffrey Sachs. They discussed Prof. Mazzucato's new…
11:27

Inflation, Unemployment, and the Phillips Curve

Inflation, Unemployment, and the Phillips Curve

From SDG Academy

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This chapter discusses inflation and unemployment, as well as problems of stabilization. There is a trade-off between inflation and unemployment. Professor…
16:51

GDP and Well-Being

GDP and Well-Being

From SDG Academy

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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…
07:58

Three Big Problems with Aggregate Demand…

Three Big Problems with Aggregate Demand Management

From SDG Academy

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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,…
15:19

What is Globalization?

What is Globalization?

From SDG Academy

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This chapter focuses on globalization and the interconnection of the evolving world economy. Globalization is a multi-dimensional process of goods and services,…
12:07

Bubbles and Crashes

Bubbles and Crashes

From SDG Academy

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This chapter explains the financial bubble that occurs when a financial asset deviates from its fundamental value. In a financial bubble, there is a sudden price surge…
15:33

The Basics of Aggregate Demand Management

The Basics of Aggregate Demand Management

From SDG Academy

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This chapter talks about the role of government induced tools, such as actions by the central bank or actions in budget spending and tax decisions, towards a…
17:37

Partial-Employment Economy

Partial-Employment Economy

From SDG Academy

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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…
12:14

Focus on Business Cycles

Focus on Business Cycles

From SDG Academy

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This chapter discusses short-term contractions of the economy, or business cycles. It explains waves in business cycles, which are not regular, and explores their…
13:41

Introduction to Macroeconomics

Introduction to Macroeconomics

From SDG Academy

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In this chapter, Professor Jeffrey Sachs introduces the course on macroeconomics for a sustainable planet, as well as his co-professor, Felipe Larraín,…
08:31

The Central Bank and New Approaches to Monetary…

The Central Bank and New Approaches to Monetary Policy

From SDG Academy

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This video focuses on central bank and monetary policy, and specifically how central banking has evolved in recent years. Most banks aim to control interest rates rather…
12:46

PPP and Interest Rate Arbitrage

PPP and Interest Rate Arbitrage

From SDG Academy

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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…
14:09

Solow's Growth Convergence Model

Solow's Growth Convergence Model

From SDG Academy

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In this chapter, Professor Larraín explains Solow's Growth Behavioral Model. He explains terms such as capital stock, investment, marginal productivity of…
13:52

Macroeconomic Pathologies

Macroeconomic Pathologies

From SDG Academy

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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…

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