Oldenburg, Germany

Sustainability Economics and Management

Master's
Language: EnglishStudies in English
Subject area: economy and administration
Qualification: Master
Kind of studies: full-time studies
University website: www.uni-oldenburg.de
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Sustainability
Sustainability (from 'sustain' and 'ability') is the process of change, in which the exploitation of resources, the direction of investments, the orientation of technological development and institutional change are all in harmony and enhance both current and future potential to meet human needs and aspirations. The organizing principle for sustainability is sustainable development, which includes the following interconnected domains: environment, economic and social. Sub-domains of sustainable development have been considered also: cultural, technological and political. Sustainable development, is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Brundtland Report for the World Commission on Environment and Development (1992) introduced the term of sustainable development.
Sustainability
We have an economy where we steal the future, sell it in the present, and call it GDP [gross domestic product].
Paul Hawken Top 10 Myths About Sustainability at mindfully.org, 2009.
Economics
To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.
C. Wright Mills, The New Men of Power (1948).
Sustainability
At the beginning of the 21st century peace has become pivotal to the survival of society as we know it. The major challenges facing humanity today are global – climate change, lack of fresh water, ever-decreasing biodiversity and over-population. It is hard to over-state the devastating effects that these problems will have on business unless global actions are taken that have the agreement of most nations. No nations or individuals will be untouched.
Steve Killelea The Study of Industries that Prosper in Peace – the ‘Peace Industry’ (2008)
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