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Brian Czech
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Why teach ecological economics? Three major themes Course objectives Syllabus
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“Natural resources originate from the mind, not the ground, and therefore are not depletable.” Robert L. Bradley, Jr., 2002
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Perfect Storm in Political Economy Henry George Progress and Poverty, 1879 George vs. land barons Incipient tax code at stake Establishment of American economics The Corruption of Economics (Gaffney, 1994)
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Y = (K, L) Czech, B. 2009. The neoclassical production function as a relic of anti-George politics: implications for ecological economics. Ecological Economics 68:2193-2197.
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Solow model Lucas model Romer model Y = (K, L)
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Business Household
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Business Household
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Ecological economics movement Laws of thermodynamics Principles of ecology Herman Daly
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Heat Natural Capital Pollutants Natural Capital
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Heat Natural Capital Pollutants Natural Capital
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DalyCostanzaMartinez-Alier Scale Distribution Allocation (Sustainability) (Justice) (Efficiency)
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Provide a historical sketch of economic thought in the post-mercantile world. Using examples, describe why the principles of ecology are relevant to economics. Identify the laws of thermodynamics and discuss how they affect the development of ecosystems and economies.
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Provide a general description of the scope and philosophy of neoclassical economics. Identify the factors of economic production and discuss how their relative importance has evolved in economic theory. Discuss the strengths and weaknesses of neoclassical economics in terms of its ecological foundations.
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Describe the trophic structure of the human economy. Identify the sources of economic growth and discuss the interaction among these sources. Describe the status and trends of the factors of production.
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Explain why biodiversity and other natural resources conservation has become a function of macroeconomic policy. Identify the goals and most prominent policies of neoclassical and ecological economics. Describe the unique political pressures placed upon the economics profession and how these affect theory and policy.
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Describe the economic policies and prominent political aspects of the steady state economy. Define the term “political economy” and propose a model of political economy conducive to a sustainable society and uses of natural resources.
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Time of the essence –For ecological economics instruction –For us! (Here too, even.) Undergrad or Grad (One Course) Significant ecology, economics, and teaching background
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Daly, H. E., and J. Farley. 2003. Ecological economics: principles and applications. Island Press, Washington, DC. 450pp. 23 chapters Strong focus on 3 themes Second edition soon
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JacksonCzechVictor
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An Introduction to Ecological Economics The Containing and Sustaining Ecosystem Microeconomics Macroeconomics International Trade Policy
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More historical background More principles of ecology – Trophic levels – Niche breadth – Competitive exclusion More about technological progress
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Time GDP K Natural capital allocated to human economy Natural capital allocated to economy of nature
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K GDP Time...maintain steady state economy sufficiently below K. To conserve fish and wildlife...
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KTKT GDP Natural capital allocated to human economy Natural capital allocated to economy of nature X natural capital allocable Time KUKU
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Capital-free growth zone KT1KT1 KT2KT2 GDP Time KUKU Natural capital allocated to human economy Natural capital allocated to economy of nature X natural capital (still) allocable
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Remind students of themes. Keep discussions focused on textbook. Seek optimum participation. Allocate more time to material you are familiar with. Do supplement text(s) with ecology.
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CASSE, www.steadystate.org International Society for Ecological Economics Gund Institute for Ecological Economics U.S. Society for Ecological Economics Economics for Equity and the Environment, “E3 Network” Global Development and Environment Institute, Tufts U. The Post-Autistic Economics Network
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Bibliography Reprints Slideshows Videos Speakers News
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www.steadystate.org
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