Unit 5

Environment

Learning Outcomes

  1. Employing the right tools for evaluating the environmental consequences of our economic decisions.



Reading

While doing the reading, focus on these three questions:

  1. How can we measure consumption footprint?
  2. Is growth compatible with sustainability?
  3. What incentives should be used to curb consumption?
  • Dependence, Footprint, and Measure:
    Tukker, A., Bulavskaya, T., Giljum, S., de Koning, A., Lutter, S., Simas, M., ... & Wood, R. (2016). Environmental and resource footprints in a global context: Europe’s structural deficit in resource endowments. Global Environmental Change, 40, 171-181.
  • Dirty Input:
    Acemoglu, D., Aghion, P., Bursztyn, L., & Hemous, D. (2012). The environment and directed technical change. American economic review, 102(1), 131-66.
  • Economics Growth:
    Georgescu-Roegen, N. (1986). The entropy law and the economic process in retrospect. Eastern Economic Journal, 12(1), 3-25.


Quiz

Test your knowledge of your reading. You can submit the quiz only once. Your quiz will not be submitted until you press the submit button at the end of the quiz.

For convenience, there is a pdf version of the quiz provided in the sidebar on the left of the quiz screen.

To do the quiz, click on the quiz link in the course outline.

Final

The test must be submitted on the due date. Not before. Not after. In addition, your assessment must be emailed in html or pdf. Use your student ID to name the file e.g. 123456789.pdf

Make use of the Reading material and Online References provided above.

Follow the link for a pdf version of test 5 course outline.