neo-classical economics
Is neo-classical economics compatible with the core concepts of sustainability?
When answering the question students need to ensure they provide both a) a clear definition of sustainability and b) a brief characterization of orthodox economics. Points need to be argued concisely and ought to be evidence-based. In other words, it would be insufficient to argue, for example, that neoclassicism favors economic growth and is thus incompatible with the key principles of sustainability? Instead, students need to explore in more detail the relationship between sustainability and economic growth and be nuanced in their argumentation before possibly reaching such a conclusion. Given the word limit, writing needs to be concise.
Students will be assessed on:
?• Their level of understanding of economics and sustainability;
• The depth of the analysis presented;?• the clarity and structure of the essay;?
• The quality of the written work; and?• the use of appropriate referencing and quality of sources.
ScholarMatic: Explanation & Answer
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