Ecological Economics
It means...
In ecological economics, the economy is viewed as being embedded within society and reliant on its biophysical foundations. This perspective emphasizes that societal and environmental impacts must be considered in every economic analysis, necessitating an interdisciplinary approach.
Ecological macroeconomics develops theories and models that recognize the biophysical limits to economic growth, providing essential insights to inform economic policy debates. It integrates economy-wide mechanisms, including those underpinning environmental distribution conflicts, into existing models of the open economy.
Sigrid Stagl’s research has focused on key topics such as sustainable consumption, working time, “green” investment, and strategies for socio-ecological transformations.
My focus:
As an ecological economist, I am deeply interested in understanding empirical phenomena, which often prompts me to challenge existing theories. Consequently, I strive to contribute to the development of innovative conceptual frameworks, such as replacing utility theory in economics with needs-based approaches or the capability approach.