Part 1: all PPC Description

Production Possibilities Curve / Basic Economic Model

Task 1 / Individual Task: PPC and Worksheet on Wizer me

1) Describe the PPC in a short paragraph using all important terms.


2) Read you Concept Map of Introduction to Economics and go tu Wizer me and fill out the following questionnaire:


Make Screen shots and hand them in on the assignment in Teams

Part 2: Critical Thinking on traditional Econ Models.

All: Critical Thinking in Economics ... or ... What is wrong with this picture?

Lets use this for Economics: What is wrong with this pictures...?

New Goals... the sweet spot

W.W. Rostow, Simon Kuznets

Circular Flow Model ... Paul Samuelsson

Exercise: Tom & Jerry: Literature on Donut Economics

A Doughnut for the Anthropocene: humanity's compass in the 21st Century

Task 2: 5 Facts on the Lancet article

Find 5 Facts and note them on a sheet of papter ... (hand this in on MS Teams)

and compare with you neighbour.

What are the differences?

Adobe Acrobat Dokument 332.5 KB

Doghnut Economics Chapter 1 orig. from the book

Doughnut Economics Chapter One.pdf
Adobe Acrobat Dokument 983.2 KB

Team teaching (8 Groups): Donut Economics

Speaker Notes: Kate Raworth UN 2009

Adobe Acrobat Dokument 815.8 KB

Group 1: Biography of Kate Raworth

Who is Cate Raworth?

What are the most important publications?

George Monibot (Guardian) calls her ...?

Group 2: long view on temperature

What is the Holocene? What is the Anthropocene?

Name the key events in human history?

When it is significantly colder, what happens to sea levels?

What are ice cores?

Group 3: planetary boundaries

What are the 9 planetary boundaries according to Rockström et al? ... and why?


Group 4: too much!

Where did we go beyond the the environmental ceiling in 2009?

What happened until 2017?

Group 5 too little!

1) Estimate the short comings: How many do not have enough in each category? Which areas are the best/worst?

2) How much would it take to get them to the minimum levels?

Group 6: Explaining the donut

1) Explain Donut Economics in a short paragraph.

Group 7 The Great Acceleration

1) Go to the website regarding the great acceleration and interpret the charts and its consequences (W. Steffen)

Group 8 Turning Ideas of Donughnut Economics into action

1) Explore some real life examples of places engaging with the Doughnut and tell 3 stories of your own choice.

2 Groups Assignment: Rewrite Economics

Task 3 Group Assignment


Group 1

1) Draw the Circular Flow Model ... go to 13:10 of the Video below (Why it's time...) and adjust it according to K. Raworth's instructions.

2) Compare to the below Model

3) Write a short paragraph, where you describe your adjusted Circular Flow Model

4) Hand the Assignment in on MS Teams.


Group 2

1) Draw the Market Model and describe it (law of demand & supply).

2) On a 2nd page draw the model of the Embedded Economy and describe it. (Video below)

3) Hand the Assignment in on MS Teams