Erasmus University Rotterdam - Earth Economics 

1. Introduction 'What on Earth is Earth Economics?'

Solution exercise 1

1. On the Need for Earth Economics

Exercise 1 Does Earth's current account add up to zero?

Reflections on the impact of the COVID-19 (Corona) crisis (1)

Final test week 1

2. Gross Planet Product (GPP) and Planet Accounting

Solution exercise 2

3. Business Cycle and Secular Stagnation

Solution exercise 3

4. Why does Earth's Unemployment fluctuate?

Solution exercise 4

2. Different measures for different purposes

Exercise 2 The components of GPP

3. A closer look at the accuracy of Gross Planetary Product

Exercise 3: Secular stagnation

4. Okun's Law: Unemployment and Output Gap

Exercise 4: Does Okun's Law work for Earth?

Reflections on the impact of the COVID-19 (Corona) crisis (2)

Quiz week 2

5. Equilibrium and stability: Good or bad?

Solution Exercise 5

6. Do we invest what we save or do we save what we invest?

7. How we get richer by spending: Consumption and multiplier

Solution Exercise 7

8 A model for the Earth Economy

Continue after you collected the data

5. Scenario analysis

Exercise 5: World tourism

6. Investment theories

7. Life cycle, interest rate and consumption

Exercise 7: Population

8. The use of economic models

Reflections on the impact of the COVID-19 (Corona) crisis (3)

Week 3

Midterm evaluation (survey)

9. Government, spending and taxation

Solution Exercise 9

10. Deficits and Debts: Is the IMF in denial?

Solution Exercise 10

11. Money Matters

Solution Exercise 11

9. Income (Re)Distribution

Exercise 9: Composition of government expenditure

10. Index numbers

Exercise 10: Debt Dynamics

11. The role of private banks: the money multiplier

Exercise 11: Crypto-currencies

Reflections on the impact of the COVID-19 (Corona) crisis (4)

Week 4

12. The return of the liquidity trap

Solution Exercise 12

13. The Missing Link: Demand side equilibrium

Solution Exercise 13

14. Puzzling disagreement

12. Important concepts: Walras' Law and elasticity

Exercise 12: Precautionary money demand

13. Graphical derivation of the IS and LM curve

Exercise 13: Policy interest rates

14. Identification

Reflections on the impact of the COVID-19 (Corona) crisis (5)

Week 5

Supply and the structural reform: Completing the Earth Economic Model

Solution Exercise 15

The Long Run: How to escape from poverty and middle income traps

Solution Exercise 16

How can we govern the Earth Economy?

Competition policy and the Earth Economic perspective

Exercise 15: Product market regulation

Exponential growth

Exercise 16: Income and poverty in the long run

Global Public Things

Reflections on the impact of the COVID-19 (Corona) crisis (6)

Week 6

End evaluation (survey)