October 19, 2021
Explains how to assess the macroeconomic impacts of bioeconomy activities. Shows that high technological change in biobased products and high oil prices are a key to achieve positive macro-economic impacts of biobased investments.
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Discusses the first four factors contributing to the current circular bioeconomy and its performance.
Discusses the different approaches that can be used to measure the size of the circular bioeconomy and strategy impacts.
Continues discussing the real option approach of cost-benefit analysis and presents empirical results on Maximum Incremental Social Tolerable Irreversible Costs.
Elaborates on the advantages and disadvantages of producing in water
Gives some highlights of the circular bio-economy to help students to get the most out of the course.
Explains how the real option theory is put into practice.
The potential of waste
A sketch is given of the framework that will be used to explain important economic impacts of the circular biobased economy.
Explains how you can assess the market effects that a change in a biofuel blend mandate would have, and what the implications would be for the consumer.