ENS5500EN - Issues & Trends in Environmental Economic Theory

Course description

Discuss the scope and limitations of the economic system, neoclassical economics, and neoliberalism for economic development. Identify the emergence of new economic proposals such as heterodox economics, behavioral economics or new institutional economics. Identify alternative development indicators. Identify relationships with biblical teachings. It is essential for advanced studies in Socio-ecological and Ecological Economics topics.

How this course benefits students

Develop an objective stance, both critical and proactive, about the effectiveness of the main economic currents and their public policy implications. Reflect on the situation of the economic system from a biblical perspective. 

Why this course is important

The limitation of access to basic services, inequity in income distribution, environmental deterioration, among others, have deepened despite economic growth in a fallen world where selfishness reigns. Professionals are required to identify the scope and limitations of economic policies and to design biblically-based solutions. 

Credit hours
3 hours
Subject area
Environmental Studies
Educational level
Learning type
Upcoming terms
* Schedule subject to change. Please contact the Registrar's office with schedule questions.

How this course relates to missional core values

Biblically based

The Lord Jesus Christ said that there would always be poor on earth (Mark 14: 7) because we live in a fallen world, however, also in the Word of God it is written how human beings should deal with economic problems from others (Deuteronomy 15: 4, 11, Proverbs 14:31). 

Missionally driven

Design and implement local action programs and economic policies that consider the development and freedom of those most in need through a biblical approach. 

Contextually informed

Evaluate the economic, social and environmental repercussions of economic policies in the various sectors of the society or community to which it belongs.

Interculturally focused

Evaluate the development, implementation and effects of the main economic policies for different regions of the world. 

Practically minded

Design an action program in your workplace or community (microeconomic) or public policy for a region or country (macroeconomic) that addresses the main current economic and development problems with a biblical perspective. 

Experientially transformed

Reflect on the current economic situation, as well as its collateral effects on development, being aware of the needs of individuals and countries, and proactive in designing proposals for those most in need.