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Economics

2015

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Incorporating Sustainability Into Principles Of Macroeconomics: A Case Study, Madhavi Venkatesan Jan 2015

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 …