Join the transition towards a circular economy considering economic, supply chain, social, technical, managerial and environmental aspects.
Content of the course
The transition towards a circular economy is one of the biggest challenges in order to create a more sustainable society. This transition requires circular thinking and an interdisciplinary approach, combining socio-technical, managerial, and environmental considerations. Right now we design products from cradle to grave: from production to consumption to waste, which is a linear model. But we should design products from cradle to cradle: in a closed loop whereby they don’t become waste, but valuable resources again. And when we start thinking in circles, we might as well try to reinvent not just supply chains, but entire systems. Because that’s what we have been doing with sustainability: we have been departing from the status quo, while cradle to cradle and circular pushes us to think outside the box. Cradle to Cradle celebrates abundance; it recognizes that people, just like ants and trees, are abundant and have a large impact on their environment. The challenge is to make this impact a positive one and we invite you to join this challenge!
Systems approach to circular economy
In this course, we therefore take a systems approach to the circular economy, considering different stakeholder perspectives, their incentive structures, and their impact on circular alternatives.
The circular solutions will be identified by technological assessment using applied- as well as emerging technologies. Since identifying and evaluating potential circular alternatives based on quantitative techniques is key in achieving sustainable solutions, you will also learn how to use life cycle assessment and agent-based modelling to assess the socio-technical and manageable challenges and environmental benefits of alternative solutions.
MicroMasters Business and Economics for a Circular Economy
This MOOC is part of the MicroMasters programme Business and Economics for a Circular Economy. A series of 3 courses and a final capstone project designed to help you develop the skills needed to seize opportunities and embrace the transition from a fossil-based economy to a biobased one. Explore the other courses in the MicroMasters programme:
- Economics and Policies in a Biobased Economy
- From Fossil Resources to Biomass: a Chemistry Perspective
- Capstone Business and Economics for a Circular Economy
What you'll learn
- Understand the concept of a circular economy
- Understand how a circular economy deviates from the current linear system
- Analyse and develop complex circular systems using a systems thinking approach
- Assess the use of Life Cycle Assessment and Agent Based Modelling
- Formulate improvements for a transition towards a circular design
- Learn how to use and apply complexity aspects & agent-based modelling