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Full-Text Articles in Social and Behavioral Sciences
Sustainability And The Economics Of Embedded Values, Madhavi Venkatesan
Sustainability And The Economics Of Embedded Values, Madhavi Venkatesan
Madhavi Venkatesan
Increasing global awareness of natural resource depletion, heightened weather-related volatility attributable to climate change, and the subsequent emergence of multi-disciplinary sustainability programs in higher education have pronounced the void in the explanatory discipline of economics to address the values that have yielded the economic and environmental outcomes observable in prevailing sustainability discussions. Economic theory, models, and analysis are central to a discussion of how individuals interact not only with one another but also with the environment. Further, the implicit inclusion of economics in the daily behavior of individuals and nations strongly influences the observations of global sustainability, including economic equity …
Incorporating Sustainability Into Principles Of Macroeconomics: A Case Study, Madhavi Venkatesan
Incorporating Sustainability Into Principles Of Macroeconomics: A Case Study, Madhavi Venkatesan
Madhavi Venkatesan
Using grant funded resources, this case study explicitly engaged students in a Principles of Macroeconomics course with respect to the impact of sustainability-based values on economic indicators and standard of living parameters, while coincidentally opening discussion to the implicit nature of consumption-based values in the economic assessment of growth. Student assimilation and reaction to the curriculum was documented over the period of the course. Students provided responses to weekly questionnaires, which tracked their changing perceptions, values, and behaviors. Weekly class discussions and individual student assessment of the awareness fostered by reviewing the two divergent value structures also contributed to qualitative …