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Macroeconomics for a Sustainable Planet
Enroll in this course by edX, and learn how the global economy can thrive while still being environmentally resilient and sustainable.
Intermediate
Online
13 Weeks
Free
Quick facts
particular | details | ||
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Medium of instructions
English
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Mode of learning
Self study
|
Mode of Delivery
Video and Text Based
|
Learning efforts
2-4 Hours Per Week
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Course overview
In the Macroeconomics for a Sustainable Planet programme, you will learn about the challenges that modern economies face, namely, inflation, unemployment, fiscal deficits, trade berries, protectionism, etc. You will also learn about the threat that these challenges pose for billions of people all over the world, and how to overcome these challenges and pursue economic growth when life on this planet is becoming increasingly fragile.
The Macroeconomics for a Sustainable Planet course will rewire the candidates’ understanding of Macroeconomics in the context of sustainability in an interdependent world. It explores all the traditional macroeconomic tools and principles and how they play out in the age of globalisation and the current wave of sustainable development. The course is led by Professor Jeffrey D. Sachs from Columbia University, who is also a senior UN advisor, and Felipe Larraín, former Chilean Minister of Finance.
Macroeconomics for a Sustainable Planet is a 13-week, self-paced learning programme wherein you need to invest no more than 2-4 hours every week, as per their convenience. The learners can take the course in the paid or free audit mode. In the free audit mode, they will have the access only for a limited period.
The highlights
- Free Course
- 13-week course
- Self-paced learning
- 2-4 hours commitment per week
- Intermediate level course
- English and Russian transcripts
Program offerings
- Advanced level course
- 13-week programme
- 2-4 hours per week
- Free learning
- English and russian transcripts
- Self-paced learning
Course and certificate fees
Type of course
You do not have to pay any fee to apply to Macroeconomics for a Sustainable Planet online course.
certificate availability
What you will learn
You should be well-versed in the following concepts after completing the online Macroeconomics for a Sustainable Planet training programme:
- Sustainable investment principles
- GDP and the measures of well-being and progress
- Social capital, environmental impact, and other new economic principles
- Business investment theories and how they relate to savings and consumption
- The changing labour market - minimum wage, unemployment trends, and digitisation
Who it is for
The Macroeconomics for a Sustainable Planet is best-suited for:
- Graduate and undergraduate students studying economics, international development, sustainable development, etc
- Economists who are interested in learning about the balance between macroeconomics and Environmental, Societal, Governance (ESG) criteria
- Sustainable Development Practitioners as well as players in the private sector (mainly finance) looking to understand the economic models that depend on and support sustainable development
Admission details
Step 1: To go to the Macroeconomics for a Sustainable Planet course page, click on the link below: https://www.edx.org/course/macroeconomics-for-a-sustainable-planet
Step 2: Find the ‘Enroll’ button on the course page and click on it.
Step 3: Enter the credentials of your edX account and log in. If you don’t have an account on edX, you can create one using your existing Google, Apple, Microsoft, or Facebook account.
Step 4: Provide all the requisite details and follow the on-screen instructions to complete the registration process.
Filling the form
You don’t need to go through the hassle of filling out a dedicated application form when applying to the Macroeconomics for a Sustainable Planet programme. You can start learning for free just by logging in to your edX account. You can also log in through your Google, Apple, Microsoft, or Facebook account.
The syllabus
Introduction to Macroeconomics
Output Determination and Employment
- Business Cycles
- Economic Growth
- Deriving GDP (Part 1)
- Deriving GDP (Part 2)
- Labour and Saving (Part 1)
- Labour and Saving (Part 2)
- Full-Employment Economy
- Partial-Employment Economy
- Aggregate Demand Management
- The IS-LM Model of Output Determination
- Problems with Aggregate Demand Management
Labour Markets
- Concepts, Definitions, and Groups
- Institutions - Unionisation, Contracts, and Minimum Wages
- Informality and Underemployment
- Costs of Unemployment
- Digitisation of Labour
Money and Central Banking
- Barter vs Money - History, and Concepts
- Money Supply
- Money Demand
- Role of the Central Bank
- New Approaches to Monetary Policy - The Central Bank
Exchange Rates
- Exchange Rate Arrangements
- The Real Exchange Rate
- Role of Non-Traded Goods
- PPP and Interest Rate Arbitrage
- Floating and Fixed Exchange Rates - Monetary Policy
- Currency Crises
Financial Markets & Crises
- Bubbles and Crashes
- Managing Insolvency
- Preventing Bank Runs
- Bank Runs and Panics (Part 1)
- Bank Runs and Panics (Part 2)
- When Governments Go Broke
Unemployment, Inflation, and Stabilisation
- Costs of Inflation
- Stabilisation Themes
- Inflation, Seigniorage, and the Fiscal Deficit
- Unemployment, Inflation, and the Phillips Curve
Consumption, Saving, and Investment
- Consumption, Saving, and the Intertemporal Budget Constraint
- Life-Cycle Model of Consumption and Saving
- Theory of Permanent Income Consumption
- Investment
- Basic Theory of Business Investment
Fiscal Policy and Institutions
- Interactions Between the Private and Public Sectors
- Budgets, Public Revenue, and Expenditure
- Saving, Investment, and the Fiscal Deficit
- Fiscal Institutions and Policies
- Management of Public Debt
Issues of an Open Economy
How it helps
The Macroeconomics for a Sustainable Planet online course will prove beneficial to you for several reasons. Since it is a self-learning course, you can learn at your own pace and at your convenience.
Just by investing 2-4 hours per week for 13 weeks, you will acquire an intermediate level understanding of Macroeconomics for a Sustainable Planet. And if you choose to pay the certification fee, you will be even more motivated to complete this course and get your money’s worth.
Instructors
Mr Jeffrey D. Sachs
Professor
Columbia University,...
Mr Felipe Larraín
Professor
Freelancer
Other Bachelors, Other Masters, Ph.D
FAQs
Yes, in the Macroeconomics for a Sustainable Planet course, there are video transcripts available in English and Russian.
No, the Macroeconomics for a Sustainable Planet programme allows you to learn at your own pace as there is no fixed course schedule.
The instructors for the Macroeconomics for a Sustainable Planet course are Jeffrey D. Sachs, a professor from Columbia University and a senior UN advisor, and Felipe Larraín, former Chilean Minister of Finance.
To complete the Macroeconomics for a Sustainable Planet training programme, you need to devote only 2-4 hours of your time every week for 13 weeks.
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