Ecological Economics — Economics Education

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Economies are open and complex systems which are embedded within societal (eco)systems, most importantly the biosphere. They need to be looked at from a holistic approach. The approach questions unlimited pursuit of material wealth and utilitarian perspectives of well-being.

Kate Raworth explores the economic mindset needed to address the 21st century's social and ecological challenges.

Herman Daly is an American ecological economist and professor who discusses in this fascinating interview the economy and the environment; the concept of as steady state economy and how the economic system is a subsystem of the Earth's ecosystem. The interview helps shift thinking on how the world can work.

What exactly is Ecological Economics? How does it differ from mainstream economics, and what does it aim to accomplish in today's world? Similar to a "crash course", this video was created for the purpose of addressing these questions in a direct and comprehensive manner, as well as to highlight the principles that lie at the root of Jon Erickson's research, teaching, and outreach activities.

**PAPER ABOUT THE MAJOR TENETS OF ECOLOGICAL ECONOMICS**

**An extensive introduction written by leading ecological economists.**

The world economy is depleting the earth's natural resources, and economists cling to models that make no reference whatsoever to the biophysical basis that underpins the economy. That's why ecological economics is needed, says William Rees in this INET interview. http://ineteconomics.org/video/interview/william-rees-dangerous-disconnect-between-economics-and-ecology

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Materials: Other disciplines on 'the economy'