Inhalt/ Contents:
This module covers the different dimensions of a sustainable economy, i.e. material well-being, social justice and inclusion, and ecological sustainability, from a macroeconomic perspective. Pursuing these goals may involve trade-offs which generate difficult problems for economic policy. In particular, we look at how economic growth relates to happiness, the environment, poverty, and the income distribution. We discuss the concepts of limits to growth, green growth, post growth, and de-growth and their macroeconomic and societal implications. We discuss how science could inform governments about possible future developments. We consider the problem of how to deal with uncertainty and how it might be possible to anticipate future developments in the long-run over several decades. A popular method of foresight is scenario thinking or scenario analysis. While this method is not so often applied in academic contexts, it is often used in practice, both in the private and in the public sector. We introduce the method of scenario thinking, discuss its strengths and weaknesses, contrast it to model-based foresight methods and learn how to use it.

Unterrichtssprache/ Language: Englisch

Wird im WS 2025/26 angeboten!