Intro to course What is ecological economics? What is economics? Part vs. whole 2 part course: learn and apply Ecological economics theory through textbook, class discussion, exams Cold calls in class to respond to questions about ‘big ideas’ or ‘think about it’ (6% of grade) Two take home exams (10% of grade each) Jeopardy games Participation (10% of grade) Emphasis on relationship between course material and current events Application Projects (40%) of grade Steady State Burlington (350 Burlington, Transition town) How would we need to transform the Burlington economy to respect planetary limits? What would be the impact on quality of life? Food, transportation and housing Help plan and organize the USSEE conference Would need to make it an application of theory Help plan and organize Ownership Reclamation Series Full details on Wed. Population policy (4% of grade) Reflections (15% of grade) Bridge theory and application 12 total, one at least every 4 classes. Should discuss relationship between projects, course material, current events, and your content to project, to current Current events and course overview Intro/overview The Low Politics of Low Growth “everything is easier if the economy is growing” Greece Sees Gold Boom, but at a Price “This will be a business for 10, maybe 15 years, and then this company will just disappear, leaving all the pollution behind like all the others did” As China's Economy Revives, So Do Fears of Inflation On Scale of 0 to 500, Beijing’s Air Quality Tops ‘Crazy Bad’ at 755 The containing system Energy Industry Awaits U.S. Ruling on Prairie Chicken Tradeoffs With Carbon Dioxide Emissions at Record High, Worries on How to Slow Warming Heat, Flood or Icy Cold, Extreme Weather Rages Worldwide Not Even Close: 2012 Was Hottest Ever in U.S. Australian Forecasters Add New Colors to Temperature Charts to Capture Record Heat Microeconomics Global Food Prices on the Rise, U.N. Says A Bit of Relief on Food Prices Natural-Gas Rally Fizzles Bluefin Tuna Sold for Record $1.76 Million in Tokyo ‘Auction’ Milk of Human Kindness Also Found in Bonobos Macroeconomics and International trade Our Economic Pickle Share of wages in GDP at record low The share of wages going to the top 1 percent climbed to 12.9 percent in 2010, from 7.3 percent in 1979 From 1973 to 2011, worker productivity grew 80 percent median income for working-age households (headed by someone under age 65) slid 12.4 percent from 2000 to 2011 the top 1 percent of households garnered 65 percent of all the nation’s income growth from 2002 to 2007 AND 93% SINCE THE RECESSION ENDED Treasury Will Not Mint $1 Trillion Coin to Raise Debt Ceiling U.S. Fiscal Talks Made No One Look Good The White House essentially caved to a measure that will cost about $100 billion over 10 years and will benefit fewer than 5,000 wealthy estates. The political appeal here is to reward big campaign contributors U.S. Trade Deficit Expands to a Seven-Month High It's Too Soon to Be Sure of a Euro Zone Happy Ending Policy Carbon Taxes Make Ireland Even Greener Internet Activist, a Creator of RSS, Is Dead at 26, Apparently a Suicide California's CO2 Now Has a Price, but a Low One Depardieu and the New Capitalism