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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.
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
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
4. THE PHYSICAL BASE OF THE ECONOMY
Aggregation: from statistics via indicators to indices
Case study: climate change
Material flow accounts Ecological sustainability
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
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?