Week 5 A Linear Economy in a Resource Scarce World

Is it possible that Economists got their stories wrong? How did we start with the Economic problem of scarcity but ended up with the drive for endless economic growth? Are there stronger models tha.....More

Wonderful discussions and ideas - from the historical context of the GDP to "it's all about consumption". So here's this week's reflection update - 

“What are the ways I have been “banked” in my education that creates a sense of unbridled faith in...More

Week 4 The Gross Domestic Product (GDP)

The GDP is one of the most ubiquitous Economic indicator used in our world, yet, how is the Gross Domestic Product actually derived? What is the history to the invention of this statistic and why does the GDP.....More

Thanks everyone for engaging and raising really powerful insights and questions. This week's reflection question is - 

Explain an economic assumption that you have long held about labour and share 1 way you would like to re-frame your understanding...More

Week 3 The Labor Market

One of the most important market is the Labour Market – how does pricing work and how are wages and unemployment levels determined? Economists have tended not to favor raising minimum wage because they seem to cause the pric.....More

Hi everyone, wonderful to be co-learning with you! 

This week as we learn more about what prices mean (what they can tell us but also what it hides), please respond to this prompt - 

"Think of a good or service that you enjoy, in what way are you...More

Week 2 - When Pricing Fails: Externalities

If the invisible hand/ price mechanism works to allocate resources so well, why do we see exorbitant pricing? Wastage? Shortages?

One way to explain this market failure is to understand that whenever peop.....More

After/During our f2f meeting, you will be asked to add your own personal update

This is a crucial part of the exploration as we seek to deepen the knowledge and apply knowledge to our lived experiences. 

In your update, you are asked to write abo...More

Welcome to our Participatory Action Research!

Thank you for being a risk-taker and being willing to invest time and heart to exploring and acquiring CEL, while at the same time working towards our mission and vision to Living Worldwise at DCB!

Ple...More

Week 1 Economics and The Price Mechanism

Many people equate Economics with money. Is that true?

Who invented Economics and what problems is it trying to solve?

How have I been impacted by Economics?

These fundamental questions will be explored t...More