This teaching module for the Tufts University Global Development and Environment Institute (GDAE) provides an introduction to the study of “green macroeconomics,” viewing the economy as embedded in society, which is embedded in the environment.

The module takes a pluralist approach, contrasting neoclassical, post-Keynesian, and classical theory, but uses classical models for illustration. Topics include climate mitigation and adaptation, renewable resources, and energy return on energy invested. An explicit green macroeconomic model is developed over the course of the module to explore the consequences of shifting from a fossil-based economy to one based on renewables.