Economic Thinking for Sustainable Business

The 21st Century challenge in economics is to understand patterns and processes of production and consumption within a context of rapid ecological change and their implications for distributional outcomes of wealth, income, happiness, health, and opportunity. This course therefore explores emerging schools of economic thinking and practice which consider the economy as a system embedded within ecological and social boundaries and limits, with crucial feedback loops between the economy, society, and the ecosphere. The goal is to apply this framework of an ecologically and socially embedded economy as a guide to how entrepreneurs can contribute to sustainable value creation and positive social and ecological outcomes.