Q&A | Frank Qiankun Wang | 2019 Mar. 18In this Q&A from the Climate Action MOOC, Dr. Frank Qiankun Wang, Deputy Director of GEIDCO’s North American Representative Office, discusses the need for cross-border grid connection to…
From SDG Academy
| 5
5 plays
|
|
The Aggregate Demand in an Open EconomyThis chapter focuses on exchange rates and how they impact aggregate demand management in an open economy. It makes use of the C + I + G + (X - M) = GDP formula of the net trade balance in the…
From SDG Academy
| 4
4 plays
|
|
Aggregate Demand with Flexible Exchange RateIn 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 differences of interest rates at home…
From SDG Academy
| 47
47 plays
|
|
Aggregate Demand with Fixed Exchange RateThis 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 central bank doesn’t allow…
From SDG Academy
| 81
81 plays
|
|
Inflation, Unemployment, and the Phillips CurveThis chapter discusses inflation and unemployment, as well as problems of stabilization. There is a trade-off between inflation and unemployment. Professor Larraín explains setting the…
From SDG Academy
| 123
123 plays
|
|
Money DemandThis chapter focuses on why people demand money. Individuals and firms demand money to make transactions. The inventory approach to money demand, from Baumol and Tobin, says that families can…
From SDG Academy
| 1
1 plays
|
|
Output Determination in the IS-LM ModelThis 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 charges is a fixed markup over the…
From SDG Academy
| 28
28 plays
|
|
The Basics of Aggregate Demand ManagementThis 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 stabilization policy. Stabilization…
From SDG Academy
| 44
44 plays
|
|
Three Big Problems with Aggregate Demand ManagementThis 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, and examples are tax cuts and…
From SDG Academy
| 29
29 plays
|
|
Laudato Si' and Climate JusticeLaudato Si' is a great document, the most important document produced by popes in this century—we can say, in this century—because it just gives a sort of description of the…
From SDG Academy
| 10
10 plays
|
Unless otherwise noted, content on this site is licensed under the Creative Commons Attribution-NonCommercial 4.0 International license.