Courses Overview >> Postgraduate Programmes >> Economics for Transition

Economics for Transition

Achieving Low-Carbon, High Well-Being, Resilient Economies (MA, PG Cert)

Never has there been a more important time for a new approach to economics.

There is an urgent need for a radical rethink of our economic system. We need new thinking and new models that recognise the challenges we face now, rather than blindly following the path that has led us into the converging crises we now face.

These models will enable us to both mitigate the impacts and adapt to these inter-locking crises – including climate change, biodiversity loss, the peaking in fossil fuel energy supplies, financial instability, food security, poverty and so on.

They will be built on an understanding of the complementarity of ecological protection and human flourishing.

For 20 years, pioneering thinkers and practitioners have been developing alternative economic ideas, models and experiments that were once considered radical and marginal.

As we turn to face a new economic dawn, these theories and practices are now moving centre stage.

I teach at Schumacher College because of its strong link with ecological sustainability and an approach which is based on collaborative co-creation. People are not told what to do, together they co-create their ideas. It’s a fundamentally different model of education that we can learn from and apply to the economy as well as other areas of our life. Professor Eve Mitleton-Kelly, London School of Economics

In making the transition to a world in which we can all thrive within planetary boundaries, it is paradigm shift or bust, and nobody does paradigm shift better than Schumacher College. Its learning environment and the content of its courses make visions of a better world tangible. And, the Economics for Transition MA shows how right now we can take the first steps to get there. Andrew Simms, Fellow of New Economics Foundation

The Economics of Transition course demonstrates how to unite the theory and practices of ecological economics and social economics to secure Co-operative Commonwealth. Pat Conaty, Executive Director of Rebuilding Society Network

Schumacher College is one of the few places I know where economic questions are being asked as openly as they need to be. When I run seminars there, I learn as much as I teach. Kate Raworth, Visiting Research Associate at Oxford University’s Environmental Change Institute

 

student on an economics for transition courseWhy Schumacher College?

Since 1991, Schumacher College has been pioneering radical new thinking in economics, attracting leading teachers, practitioners and activists from across the globe. We have inspired and supported thousands of organisations and individuals from many different countries in their quest to achieve a more sustainable and equitable world.

In 2011, in response to the deepening economic and related crises, we launched our first postgraduate programme in Economics for Transition in association with the New Economics Foundation, the Transition Network and the Business School at Plymouth University.

Now in its fourth year, this partnership offers you an unparalleled opportunity to learn about the cream of radical economic thinking, activism and entrepreneurship globally.

Hosted by highly respected radical economists, completed by an unrivalled visiting faculty of teachers and practitioners from across the world, you have a unique chance to join those at the forefront of new economic thinking.

Our teachers include:

Who is this course for?

We are delighted to receive your application whether you are coming directly from an undergraduate degree, taking time-out to study mid-career or wanting an opportunity to retrain in a subject area that is of huge importance to our global economic future and wellbeing.

We are looking for enthusiastic agents of change who are ready to co-create a new economy in practice. We are looking for those prepared to take a risk and stand on the cutting-edge of new thinking in this area.

Schumacher College welcomes students from all over the world in its diverse mix of cultural experience and age group that allows for rich peer to peer learning.

What you will learn?

  • The key sustainability issues facing the world today
  • How ecological, economic and social crises are systemically linked to the malfunctioning of today’s globalised economy
  • A critique of the dominant neoclassical, industrial growth model from different perspectives
  • A theoretical and experiential understanding of an ecological world-view
  • How to apply ecology and complexity science to the economy and social systems
  • The co-creation of a new approach to economics drawn from alternative schools of thought
  • The co-creation of future scenarios and pathways towards low-carbon, high wellbeing and resilient economies
  • Participation in current debates on the economics of transition
  • New economics tools, methods and policies and their application to real-world case studies
  • Self-evaluation to improve professional practice

You will also carry out an independent research project related to the economics of transition

Where you will go?

Are you ready to join a new generation of business leaders, entrepreneurs, policy-makers, researchers, consultants and activists?

Graduates from this programme will have the skills and knowledge to work for sustainable change in the public and private sectors as well as in civil society, or to set up their own projects or organisations that will contribute to the transition to a new economy.

Blog

Read the latest in New Economic thinking from our faculty and visiting teachers:

The Guardian - A wave of disruption is sweeping in to challenge neoliberalism by Head of Economics Jonathan Dawson

Anna Coote and the 4-day working week

Starting where we are, going where we need to go - David Bent

Adventures in the New Economics kicks off!

Changing Stories: Using narrative to shift societal values

Chevening Scholarships Awards

A number of Chevening Scholarships are available for our Holistic Science and Economics for Transition postgraduate programmes starting in September 2015. The deadline for application is 15 November

Please click here for more details: www.chevening.org/partnerships/our_partners/schumacher

Associated institutions

nefnef (the new economics foundation)

Nef was founded in 1986 by the leaders of The Other Economic Summit (TOES) which forced issues such as international debt onto the agenda of the G7 and G8 summits. They combine rigorous analysis and policy debate with practical and innovative solutions to economic, environmental and social issues.

transition networkTransition Network

The Transition Network supports an international movement to inspire, encourage, connect, support and train communities and organisations to rebuild resilience and reduce CO2 emissions.

Business School at Plymouth University.

Plymouth University Business School are committed to social and environmental enterprise and were top of the People and Planet Green League of Universities in 2010.

Latest News!

Join us at the Generation of the New Economy – Youth Economics Festival 13 April to 18 April 2015.  This week will offer young people from across Europe and beyond the opportunity to collaboratively explore developments at the cutting edge of the learning and practice of economics. It will provide a space for us to set the agenda, self-organise into a vibrant and self-governing learning community and dive deep into imagining new ways of organising our economies and communities. Speakers will include David Graeber, Molly Scott Cato, Rob Hopkins and Jonathan Dawson. READ MORE