By Subject / Economics

13:56

The Challenge of Sustainable Development

The Challenge of Sustainable Development

From SDG Academy on 27 August, 2019

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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…
11:51

Valuing Ecosystem Services

Valuing Ecosystem Services

From SDG Academy on 5 August, 2019

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Ecosystem services can be divided among those that are provisioning; those that produce market goods that are consumed by human beings; those that regulate the provision…
11:31

Growth Traps

Growth Traps

From SDG Academy on 20 August, 2019

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In this chapter, Professor Larraín talks about poverty traps, growth traps, middle income traps and their causes. Poverty traps are restrictions that make…
21:07

Global Capitalism is a Faustian Bargain: Greed in…

Global Capitalism is a Faustian Bargain: Greed in return for prosperity

From SDG Academy on 23 August, 2019

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This chapter describes the issues with current-day capitalism, using Faustian logic, and explains why it is neccessary to devise new institutions of governance,…
15:19

What is Globalization?

What is Globalization?

From SDG Academy on 20 August, 2019

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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,…
07:45

Fairness, Understanding Factors of Inequality

Fairness, Understanding Factors of Inequality

From SDG Academy on 23 August, 2019

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This chapter explores inequality based on geographic factors, looking at the history of colonialism and slavery, discrimination, and indigenous populations.
12:24

Introduction to Sustainable Development

Introduction to Sustainable Development

From SDG Academy on 22 August, 2019

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In this chapter, Professor Jeffrey Sachs introduces the course "Sustainable Development: the Post-Capitalist Order" and defines sustainable development.
13:52

Macroeconomic Pathologies

Macroeconomic Pathologies

From SDG Academy on 20 August, 2019

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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…
07:58

Three Big Problems with Aggregate Demand…

Three Big Problems with Aggregate Demand Management

From SDG Academy on 20 August, 2019

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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,…
09:21

Sources of Economic Growth

Sources of Economic Growth

From SDG Academy on 20 August, 2019

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In this chapter, Professor Larraín talks about the sources of economic growth and Solow's growth accounting framework. Solow’s framework says that…
08:44

Our Ocean: A Finite Resource

Our Ocean: A Finite Resource

From SDG Academy on 31 July, 2019

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The ocean has always sparked human curiosity. In the mid-20th century, people began to realize that there are limits to what humanity should do to our planet before it…
11:27

Inflation, Unemployment, and the Phillips Curve

Inflation, Unemployment, and the Phillips Curve

From SDG Academy on 20 August, 2019

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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…
17:37

Partial-Employment Economy

Partial-Employment Economy

From SDG Academy on 20 August, 2019

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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…
13:52

Inflation, the Fiscal Budget, and Seigniorage

Inflation, the Fiscal Budget, and Seigniorage

From SDG Academy on 20 August, 2019

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This chapter discusses inflation, unemployment, and stabilization. It begins with the example of hyperinflation in Zimbabwe in the late 2000s, and provides other real…
12:05

Labor and Saving, Part II

Labor and Saving, Part II

From SDG Academy on 20 August, 2019

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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.…
10:20

Economic Growth in History, Patterns, and Sectors

Economic Growth in History, Patterns, and Sectors

From SDG Academy on 20 August, 2019

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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…

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