CEL for Teachers’s Updates

Week 5 - A Linear Economy in a Resource Scarce World

Week 5 A Linear Economy in a Resource Scarce World

Is it possible that Economists got their stories wrong? How did we start with the Economic problem of scarcity but ended up with the drive for endless economic growth? Are there stronger models that reflect better the reality of the world we live in? Are there things we should learn from nature in the movement called biomimicry?

                                           Economics Gone Wrong? (coombesy, n.d.)

Lesson Objective -
1. Explain the unrealisitc assumptions Economists have made regarding how our economies work

2. Define key terms: linear, circular economy, sustainability, bio-mimicry, Doughnut Economics

3. Reflect: Consider your particular field, in what ways have Economics made some aspect of your field incoherent ? (eg. when language is used not to commnuicate but to manipulate and create demand for goods and services?)(Personal Update 5 - 200 words)

4. Comment on 2 Peers' Updates (75 words using terms and ideas learned)

Pre-Session Material (please complete before synchronous sessions)

Take notes and type your wonderings at the end of this pre-session below.

Watch the following videos and consider what comment on ways these model of the economy differ from the GDP model? What are its strengths and weaknesses?

Media embedded August 2, 2023

                                                            (The Story of Stuff, 2009) 

Media embedded August 7, 2023

                                                   Doughnut Economics (Raworth, 2018)

Media embedded August 7, 2023

                                              What Biomimicry Can Teach Us (Benyus, 2009)

References

Benyus, J.. (2009). Biomimicry in action [Video]. In YouTube. https://www.youtube.com/watch?v=k_GFq12w5WU

coombesy. (n.d.). Rubbish, Trash, Waste image. [Photo]. Pixaby. Retrieved August 2, 2023, from https://pixabay.com/photos/rubbish-trash-waste-garbage-dump-495213/

Raworth, K. (2018). A healthy economy should be designed to thrive, not grow [Video]. In YouTube. https://www.youtube.com/watch?v=Rhcrbcg8HBw

The Story of Stuff. (2009). The story of stuff. [Video]. In YouTube. https://www.youtube.com/watch?v=9GorqroigqM&pp=ygUmc3Rvcnkgb2Ygc3R1ZmYgKDIwMDcgb2ZmaWNpYWwgdmVyc2lvbik%3D

Comment: Describe 1 way these model/understanding of the economy differ from the GDP model - What are its strengths and weaknesses? What wonderings do you have?

  • Joanne Anderson
  • Robin Ford Coron
  • Robin Ford Coron
  • Kristina Pilgueva
  • Tammy Cheng
  • Cat Ho