By definition, a Riemannian manifold has constant sectional curvature if the sectional curvature $K$ is a constant that is independent of the point and $2$-plane chosen. If $R$ denotes the covariant curvature tensor and $g$ is the metric then, as a consequence of the definition of $K$, the components satisfy the relation
$$R_{ljhk} = K(g_{lh}g_{jk}-g_{lk}g_{jh}).$$
Multiplication with the contravariant metric tensor $g^{jk}$ yields
$$R_{lh} = K(ng_{lh} - g_{lh}) = K(n-1)g_{lh},$$
from which we conclude that our manifold is Einstein.
For a counterexample of the converse, note that $\mathbb{C}P^n$ is Einstein but its sectional curvature is not constant (except for the sphere $n=1$).
However I believe that the converse is true for manifolds of dimension $\leq 3$.
By definition, a Riemannian manifold has constant sectional curvature if the sectional curvature $K$ is a constant that is independent of the point and $2$-plane chosen. If $R$ denotes the covariant curvature tensor and $g$ is the metric then, as a consequence of the definition of $K$, the components satisfy the relation $$R_{ljhk} = K(g_{lh}g_{jk}-g_{lk}g_{jh}).$$
Multiplication with the contravariant metric tensor $g^{jk}$ yields $$R_{lh} = K(ng_{lh} - g_{lh}) = K(n-1)g_{lh},$$
from which we conclude that our manifold is Einstein.
For a counterexample of the converse, note that $\mathbb{C}P^n$ is Einstein but its sectional curvature is not constant (except for the sphere $n=1$).
However I believe that the converse is true for manifolds of dimension $\leq 3$.