26 May 2011

Masters in Economics for Transition

Sourced from the new economics foundation, May 2011

'From September 2011, Schumacher College, Dartington will be offer a new MA degree course in "The Economics for Transition: Achieving low carbon, high well-being, resilient economies". This pioneering postgraduate programme has been developed by nef, Schumacher College and the Transition Network, and is offered through the Business School at the University of Plymouth.

The programme is designed to support a new generation of leaders and activists to create an economy fit for the challenges of the 21st century. It will be attractive to people at different stages in their life seeking to make a positive contribution to the economics of transition through enhancing their knowledge; acquiring practical skills for sustainable living, working and ecological citizenship; and sharing experiences with people from all over the world.

Who is the programme for?

The programme is designed to support a new generation of leaders and activists to create an economy fit for the challenges of the 21st century. Schumacher College attracts people from all walks of life from across the globe – from business leaders and entrepreneurs to policy makers and social and environmental activists.

This programme will be attractive to people at different stages in their life seeking to make a positive contribution to the economics of transition through enhancing their knowledge; acquiring practical skills for sustainable living, working and ecological citizenship; and sharing experiences with people from all over the world.

Why a new masters in economics?

As the world struggles to recover from the most severe and synchronized downturn since the Great Depression, the reputation of economists has rarely been lower. For many, economics was a big part of the problem and so cannot be part of any solution.

Never has there been a more important time for a new approach to economics. Over the past two decades, key thinkers and practitioners have been developing alternative ways forward that once were dismissed as radical and marginal, but now are fast moving centre stage.

E.F. Schumacher was one of these foresighted pioneers who in 1973 laid out a new approach to economics that put values and compassion, people and planet at the centre of our economic system. To this day, Schumacher is known as the grandfather of new economics and his work has inspired a whole generation of leading thinkers, practising economists and environmental and social activists who have been growing the shoots of the new economy ever since. As we enter the decade of climate change, now is the time to make visible these achievements, learn from what works and in practice and co-create the great transition towards low carbon, high well-being, resilient economies

Challenges facing society that this Masters programme will address are:

The triple crunch of climate change, financial crises and peak oil

The crises in ecosystem health and social well-being across the globe

The inter-connected nature of these crises and how they are systemically linked with the global economic model

Growing disillusionment with current economic approaches and solutions

How to transform these challenges into opportunities for change

Studying with leading thinkers, activists and practitioners

The MA in Economics for Transition is a collaboration between Schumacher College, the nef (the new economics foundation), the Transition Network and the Business School at the University of Plymouth. This provides a unique opportunity to study with leading thinkers, activists and practitioners in the new economy from a range of different perspectives.

Teachers include faculty from Schumacher College (Julie Richardson, Stephan Harding, Satish Kumar, and Philip Frances); nef (the new economics foundation) (including Andrew Simms, David Boyle and nef staff and associates), the Transition Network (including Naresh Giogrande, Sophy Banks and Rob Hopkins) and the University of Plymouth (including David Wheeler, Derek Shepherd, Atul Mishra and Lynda Rodwell).

Visiting teachers will be drawn from Schumacher College associates. In recent years, this has included Tim Jackson, Gunter Pauli, Wolfgang Sachs, Jonathon Porritt, Ed Mayo, Nic Marks, Vandana Shiva, Catherine Cameron, Janine Benyus, Ken Webster, Richard Douthwaite, Bunker Roy and many other key thinkers and activists. We will also be inviting new influential teachers such as Eve Mitleton Kelly who is Head of the Complexity Programme at the London School of Economics.

Course programme

Module One: The Ecological Paradigm (20 credits)

Module Two: The Emergence of the New Economy (20 credits)

Module Three: The New Economy in Practice (20 credits)

Elective Courses (20 credits each)
The short course options for 2011/12 will be finalised in the summer of 2011. Indicative titles for short courses include:
Creating a Transition Initiative (20 credits)
Sustainable Models of Enterprise (20 credits)
Ecological Leadership and Facilitation (20 credits)

Dissertation (80 credits)'

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