The MA in Economics for Transition is about creating an economic system fit for the ecological, social, economic and ethical challenges of the 21st century as we make the great transition to low carbon, high well-being, sustainable and resilient economies.
The challenges facing society that this programme addresses include:
• the triple crunch of climate change, financial crises and peak oil
• the crises in ecosystem health and social wellbeing across the globe
• the interconnected nature of these crises and how they are systemically linked within the global economic model
• the significant opportunities for transformational and sustainable change that these multiple crises provide.
This programme is designed to support a new generation of leaders and activists to co-create the new economy in practice. It attracts people at different stages of their lives 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 North and South.
The philosophy and ethos of the programme is rooted in an ecological and systemic approach within the holistic learning model of Schumacher College that attracts students and visiting teachers from all over the world. It provides a rigorous critique of the current economic growth model from alternative schools of economic thought and demonstrates practical, solutions-oriented pathways to low carbon, high wellbeing and resilient economies.
Three core modules are studied in term one:
• The ecological paradigm
• Emergence of the new economy
• New economics in practice.
For MA students only, in term two students choose two modules from the short-course programme, taught by visiting teachers with an international reputation (eg Vandana Shiva, Margaret Wheatley, Fritjof Capra, Eve Mitleton-Kelly, Gustavo Esteva, Amit Goswami, Wolfgang Sachs, Tim Kasser). MA students go on to complete their own dissertation research project.