Economics and Business students need new mental models of how businesses at the micro level and economies at the macro level can “meet the needs of all within the means of the living planet.” To achieve this, business/economic models focused on profit-maximisation, productive efficiency, and growth must give way to more sustainable and inclusive paradigms of regenerative, resilient, and distributive economic activity. The Doughnut Economics model provides a framework for thinking about how businesses and economies can support social and ecological thriving at the local and global scales.
This session, aimed at IBDP Economics/Business Management and IBMYP Individuals and Societies educators, introduces the Doughnut Economics model and the four lenses being used by more and more cities around the world to frame policies and action for regenerative and distributive economies and societies. The session includes practical advice for integrating the model into Economics/Business Management curricula and instruction.
Jennifer Brandsberg-Engelmann
Frankfurt am Main, Hessen, Germany
I'm finding leverage points for the Doughnut in secondary schools, with a focus on the International Baccalaureate.