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Green macroeconomics: Growth and distribution in a finite world

This teaching module introduces the study of green macroeconomics.

Eric Kemp-Benedict / Published on 12 April 2019

Kemp-Benedict, E. (2019). Green Macroeconomics: Growth and Distribution in a Finite World. GDAE teaching modules on social and environmental issues in economics. Global Development and Environment Institute (GDAE), Tufts University. Medford, MA.

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.

SEI author

Eric Kemp-Benedict
Eric Kemp-Benedict

SEI Affiliated Researcher


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