Macroeconomics for a Sustainable Planet by SDG Academy via Edx: Fee, Duration, How to Apply

Quick Facts

particular	details
Medium of instructions English	Mode of learning Self study	Mode of Delivery Video and Text Based	Learning efforts 2-4 Hours Per Week

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.

Course and certificate fees

Type of course

Free

You do not have to pay any fee to apply to Macroeconomics for a Sustainable Planet online course.

certificate availability

Yes

certificate providing authority

SDG Academy

Who it is for

Conservationist Ecologist Economist Sustainability officer Environmental engineer

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

What you will learn

Knowledge of economics

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

The syllabus

Introduction to Macroeconomics

Introduction
GDP and Well-Being
Macroeconomic Pathologies
International Comparisons of Income
21st Century Perspectives on 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

Admission details

Step 1: To go to the Macroeconomics for a Sustainable Planet course page, click on the link below: https://www.edx.org/learn/macroeconomics/sdg-academy-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.

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

Can I get transcripts for the video lectures?

Yes, in the Macroeconomics for a Sustainable Planet course, there are video transcripts available in English and Russian.

Do I have to follow a course schedule for the Macroeconomics for a Sustainable Planet course?

No, the Macroeconomics for a Sustainable Planet programme allows you to learn at your own pace as there is no fixed course schedule.

Who are the instructors for the Macroeconomics for a Sustainable Planet course?

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.