By Brian Roach, Erin Lennox and Anne-Marie Codur This module provides an introduction to the economic analysis of environmental issues, providing broader perspectives on sustainability and ecological economics as well as standard environmental economic techniques such as valuation. Applications include fisheries management, sustainable agriculture, and global climate change. It has been updated to include the […]
By Anne-Marie Codur, Jonathan M. Harris and Kayleigh Fay There is increasing evidence that ambitious goals to mitigate climate change, such as those set for by the Intergovernmental Panel on Climate Change cannot be met without a substantial contribution from increased absorption of carbon dioxide by soils, forests and wetlands. This module focuses on the agricultural […]
By Eric Kemp-Benedict This upper-level module presents the study of “green macroeconomics,” viewing the economy as embedded in society, which is embedded in the environment. The module takes a pluralist approach, contrasting neoclassical, post-Keynesian and classical theory, but uses classical models for illustration. Topics include climate mitigation and adaptation, renewable resources, and energy return on […]
By Jonathan M. Harris, Brian Roach, Pratistha Joshi Rajkarnikar and Neva Goodwin This module, based on Chapter 17 of Macroeconomics in Context, discusses the future of economic growth in an era of ecological limits. It includes analysis of population growth, resources and pollution, and the climate crisis. Policies for a transition to sustainability and a “green” […]
By Pratistha Rajkarnikar, Neva Goodwin and Brian Roach This module, drawn from the fifth chapter of Macroeconomics in Context, presents an overview of innovations in national accounting related to measuring well-being. The module describes satellite accounts for the environment, methods of counting household production and the construction of well-being indicators such as the Genuine Progress Indicator, […]
By Brian Roach, Neva Goodwin and Julie A. Nelson This module presents material drawn from Chapter 8 of Microeconomics in Context, 5th edition, to explore the various motivations behind consumer behavior. The historical development of the “consumer society” is summarized, including a discussion of the institutions underlying mass consumerism. The relationship between consumption and well-being is surveyed, […]
ECI Senior Researcher Julie Nelson’s article, “Economics and Community Knowledge-Making,” was published in the Journal of Economic Methodology in January 2021. The paper suggests that the economics discipline is beginning to acknowledge the social nature of knowledge-making, which contrasts with the field’s tradition of imagining objectivity as “something attainable by lone (traditionally male) researchers.” Positive […]