Macroeconomics - SDG Academy Library

13:56

The Challenge of Sustainable Development

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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

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.…

15:19

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,…

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…

14:09

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…

07:33

Monetary Policy Under Fixed and Floating Exchange…

Monetary Policy Under Fixed and Floating Exchange Rates

From SDG Academy

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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…

11:27

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…

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,…

13:29

Aggregate Demand with Fixed Exchange Rate

From SDG Academy

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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…

15:37

Aggregate Demand with Flexible Exchange Rate

From SDG Academy

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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…

16:51

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…

19:29

Consumption, Saving, and the Intertemporal Budget…

Consumption, Saving, and the Intertemporal Budget Constraint

From SDG Academy

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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…

12:46

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…

13:41

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,…

15:45

The Life Cycle Model of Consumption and Saving

From SDG Academy

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This chapter continues to explore the concept of permanent income, but in the setting of a household economy that lives for many decades -- what is called the life cycle…

15:33

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…

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