17 August 2012
Sustainable Development and Macroeconomics
The starting point of theory formation is the ethical idea of sustainability. It is based on obligations toward future generations and presupposes intergenerational equity. Concerning specific resources and services (e.g. fresh water, the atmosphere as a carbon sink, the wide variety of ecosystem) it is evident that continuing growth at this rate of utilization is unsustainable. In this course a simple world model is the basis for structuring a concept of sustainability. Analysts with different perspectives have applied criteria of sustainability which emphasize the ability of the economy to maintain living standards. Department of Economics and Business.
Dina Barbian, University of Erlangen-Nuremberg
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