2018/2019 KAN-CCMVI2077U Circular Economies and Sustainable Development Goals
English Title | |
Circular Economies and Sustainable Development Goals |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Elective |
Level | Full Degree Master |
Duration | Summer |
Start time of the course | Summer |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Max. participants | 60 |
Study board |
Study Board for MSc in Economics and Business
Administration
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Course coordinator | |
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For academic
questions related to the course, please contact the course
instructor.
Other academic questions: contact academic director Sven Bislev at sb.msc@cbs.dk |
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Main academic disciplines | |
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Teaching methods | |
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Last updated on 29-05-2019 |
Relevant links |
Learning objectives | ||||||||||||||||||||||
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors:
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Course prerequisites | ||||||||||||||||||||||
Completed Bachelor degree | ||||||||||||||||||||||
Examination | ||||||||||||||||||||||
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Course content and structure | ||||||||||||||||||||||
In the linear economy, businesses extract materials, use them to manufacture products and then sell those to consumers, who most often dump these, when they no longer serve their purpose. Such a linear economy extracts resources at increasing rates – currently humanity uses resources that would require 1,5 Planet Earths to keep up each year – without consideration of the environment in which it operates. Of late, a new geological term has emerged to describe the environmental consequences of the linear economy: The Anthropocene. This term implies that in our time, humanity is the decisive factor in shaping the natural environment. A critical component of the Anthropocene is our current patterns of production and consumption, i.e. the Take-Make-Waste approach of the linear economy. Most agree that this cannot continue indefinitely and that business as usual is not an option any longer. The concept of the circular economy promises a way out. Here products do not become waste. The circular economy promises to keep products and goods at their highest utility and value at all times and is restorative and regenerative by design. Services and goods are distributed and shared in new and innovative ways without compromising the functioning of the biosphere. The common point of departure for the many ideas clustered under the rubric of “circular economy” is to change the linear economy of “Take-Make-Waste”. The rationale is to lower resource use and waste and build smarter governance of natural capital. The key notion of circular economy builds on the idea of cycles in nature fueled by solar energy, where nothing is wasted and stuff circulates in loops. Attracting increased attention from governments, businesses and civil society, the circular economy is an emerging field of study, where we will cover a range of critical questions from conceptual and practical perspectives: What is the relationship between the circular economy and growth? Who (business leaders, industrial designers, NGOs, social entrepreneurs, etc.) venture into the spaces of circular economy? What might their business models look like? How is environmental impact of production and consumption measured and assessed? And ultimately, does circular economy create value and prosperity for the current generation that is not at the expense of the opportunities for future generations?
Preliminary assignment: To jumpstart the class, pls read the
article by Sachs (2015) and the SDG goal 12 (links provided below).
Identify a case of circular economy that you are familiar with
(e.g. a new business, a governmental policy, civil society
innovation, etc). Prepare 2 slides to introduce what this circular
economy idea is about (who is advancing it, since when and aiming
at which goals) and discuss how this particular case is/is not
addressing Goal 12 of the SDGs. Come prepared to present your
reflections in the first class.
Class 1: Introduction
Class 7: How are businesses adopting circular economy models?
(Part II)
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Description of the teaching methods | ||||||||||||||||||||||
Lectures, group discussion, presentations,
hands-on-exercises
Group work Blended learning materials |
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Feedback during the teaching period | ||||||||||||||||||||||
We shall arrange a mini-project cafe, where
students present 3 slides and receive feed-back from peers working
on related topics.
All Home Project Assignments/mini projects are based upon a research question (problem formulation) formulated by the students individually, and must be handed in to the course instructor for his/her approval no later than 11 July 2019. The instructor must approve the research question (problem formulation) no later than 16 July 2019. The approval is a feedback to the student about the instructor's assessment of the problem's relevance and the possibilities of producing a good report. |
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Student workload | ||||||||||||||||||||||
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Further Information | ||||||||||||||||||||||
Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.
Course timetable is available on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams
We reserve the right to cancel the course if we do not get enough applications. This will be communicated on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams end February 2019 at the latest.
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Expected literature | ||||||||||||||||||||||
Mandatory readings:
Angelis, Roberta De (2018) Business Models in the Circular Economy: Concepts, Examples and Theory (Palgrave) Weetman, Catherine (2016) A Circular Economy Handbook for Business and Supply Chains (Kogan Page)
Additional relevant readings:
For the kick off assignment, pls read:
United Nations (2015) Sustainable Development Goals – after reading Sach's overview, you can browse through the further details behind each of the goals: http://www.un.org/ga/search/view_doc.asp?symbol=A/RES/70/1&Lang=E |