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Economic Development an Environmental Degradation

Brief review of Korea’s economic growth and development experience. This module is a 4-chapter series overviewing Korea’s rapid economic development experiences through the simultaneous…

From  SDG Academy 2 plays

Incomes Around the World

This lecture introduces the concepts of gross domestic product, gross domestic product per capita, and purchasing power parity. It also defines high, middle, and low income countries as well as…

From  SDG Academy 414 plays

Growth Traps

In this chapter, Professor Larraín talks about poverty traps, growth traps, middle income traps and their causes. Poverty traps are restrictions that make economic growth slower for poor…

From  SDG Academy 27 plays

The Full-Employment Economy

The “trick” of macroeconomics is to get economy-wide measures that are meaningful and that tell how much production is taking place, what workers are earning, how many people are…

From  SDG Academy 18 plays

Labor and Saving, Part II

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. An economy allocates the output…

From  SDG Academy 6 plays

Deriving GDP, Part II

In this chapter, GDP is further explored from the perspective of the United States of America. The macroeconomy is described, including the number of workers, businesses, GDP, etc. The economy is…

From  SDG Academy 4 plays

Deriving GDP, Part I

This chapter discusses the concept of Gross Domestic Product (GDP), which is the measure of the total amount of output within the geographic boundaries of an economy in a given period of time,…

From  SDG Academy 4 plays

GDP and Well-Being

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 used to make comparisons of…

From  SDG Academy 46 plays

Introduction to Macroeconomics

In this chapter, Professor Jeffrey Sachs introduces the course on macroeconomics for a sustainable planet, as well as his co-professor, Felipe Larraín, Chile’s Finance Minister. Sachs…

From  SDG Academy 103 plays

The Beginning of Divergence of the West and Asia

Professor Sachs begins this chapter by explaining Angus Maddison's graphs of GDP per capita and population from the 1700s, in order to explain Europe’s rise to power during the fourth wave…

From  SDG Academy 116 plays

The Three Pillars of Decarbonization

The three pillars of Deep Decarbonization are: efficiency, decarbonisation of electricity, and the switching of end uses (such as cooking and driving) away from direct combustion of fossil fuels.…

From  SDG Academy 109 plays