The video is part of the course Sustainable Development – Ideas and Imaginaries, which is freely available: https://www.coursera.org/learn/sustainable-development-ideas-and-imaginaries.

In this video you will learn why ‘the economy’ is not one definite concept and why using this term can be problematic. Professor in History af the University of Copenhagen, Niklas Olsen, presents how economy can be studied and tells about neoclassical economy, which became the dominant school of economics after the second world war. Postdoc in History at the University of Copenhagen, Jacob Jensen, tells about environmental economics and introduces us to economic rationality and externalities.