Macro Models
Lecture handout: Macro Models: from DICE to doughnuts |
This lecture integrates ecological concerns wirth standard economics, providing an overview of how macroeconomists model the economy and how those methods and models relate to climate issues.
Here’s a clip of John Lennon saying that overpopulation is a myth:
John Lennon “Overpopulation is a myth” 1971 pic.twitter.com/WINj8iEUYG
— Historic Vids (@historyinmemes) January 30, 2023
Here’s a short quiz to test your knowledge about the sessions:
https://forms.gle/7gS6wzAuUxirvKJ57
And here are the scorecards on social progress mentioned:
Recommended readings:
- Raworth, K., 2012, A Safe and Just Space for Humanity: Can We Live within the Doughnut? Oxfam Discussion Papers
- “How we fixed the ozone layer” Hannah Ritchie, Works in Progress, May 2021
You can play with the Schelling model here. To learn more about ABMs I recommend this Runestone Academy interactive textbook.
Further readings:
- Boulding, K.E., 1977, “Notes on goods, services, and cultural economics” Journal of Cultural Economics, 1(1):1-12
- “Why Agent-Based Modeling Never Happened in Economics” Mike Makowsky, March 2022
Recommended audio:
- “Macro 6: DSGE“, Anthony J. Evans (for more depth on Macroeconomic models including my other podcast episodes see here)
Recommended videos:
Here is a fascinating video (in French) on the limits to growth and the World 3 model
Here is more on the doughnut model:
Some spinning donuts (see! it is meant to be measured!):
Yes! At last… Watch national Doughnuts changing over time. Published today: 150 countries, 1992-2015. Eye-opening & powerful work by @AndrewLFanning & coauthors. Check out the website – an incredible teaching resource… https://t.co/8D59jZ9TMp pic.twitter.com/PwMYZwHc3g
— Kate Raworth (@KateRaworth) November 18, 2021