The Economics of Sustainability

Course Code
BE 401
Hours
3 hours
Type
Elective
Offered
  • Fall 21

The Economics of Sustainability --- The topic of corporate sustainability remains controversial. Some argue that sustainability is a property of whole systems, such as an ecosystem or the Earth as a whole, not of individual organizations. What, if anything, does it mean to say that a company is sustainable? Academic research on the topic of corporations and sustainability has seen rapid growth since the first Rio Earth Summit. This course will explore that body of knowledge, placing it within the larger context of environmental economics, and the economics of sustainability more broadly. The goals of the course are three-fold: (1) To give students a solid foundation in the economics of the environment and sustainability; (2) to apply economic fundamentals to crucial sustainability issues of climate change and energy policy; and (3) to examine critically the business case for sustainability, and the place of sustainability within corporate strategy.

Taught By
Tom Lyon
  • Dow Professor of Sustainable Science, Technology and Commerce
  • Professor of Business Economics and Public Policy
  • Professor of Environment and Sustainability
  • Interim Area Chair of Business Economics and Public Policy
Thomas P. Lyon holds the Dow Chair of Sustainable Science, Technology and Commerce, with appointments in both the Ross School of Business and the...