SUSTAINABILITY ECONOMICS – A SUMMARY OF A SHORT COURSE by Peter Bartelmus 1. INTRODUCTION AND...
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Transcript of SUSTAINABILITY ECONOMICS – A SUMMARY OF A SHORT COURSE by Peter Bartelmus 1. INTRODUCTION AND...
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SUSTAINABILITY ECONOMICS – A SUMMARY OF A SHORT COURSEby
Peter Bartelmus
1. INTRODUCTION AND OVERVIEW
Course objectives What on earth is
wrong?
© P. Bartelmus, Bergische Universität Wuppertal, Germany.The course contains copyrighted material, which is intended for personal use or teaching purposes only.
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2. SCHOOLS OF ECO–NOMIC THOUGHT
Environment-economy interaction Market and policy failure
Ecological vs. environmental economics
History: from frontier economics to deep ecology
© Arik Bartelmus
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3. SUSTAINABLE DEVELOPMENT: FIG LEAVE OR CORNUCOPIA
What is development? What is sustainable
development? Operationalizing
sustainable development
SUSTAINABLE ECONOMIC GROWTH
Economic growth with some environmental
protection
SUSTAINABLE DEVELOPMENT
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4. THE PHYSICAL BASE OF THE ECONOMY
Aggregation: from statistics via indicators to indices
Case study: climate change
Material flow accounts Ecological sustainability
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5. MONETARY VALUATION: COST-BENEFIT ANALYSIS AND GREENING THE
NATIONAL ACCOUNTS
Cost-benefit analysis: damage values
The System for integrated Environmental and Economic Accounting: prices and costs
Indicators of environmental and economic sustainability: EDP, ECF
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7. PREDICTION WILL OUR ECONOMIES BE SUSTAINABLE?
Environmental impact
GDP p.c.
What are the limits to growth?
EKC hypothesis: will prosperity by good for the environment?