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Policies stressing circularity in our economy is becoming ever more important. Understanding the economic implications is critical for assessing the policies. The market structure and performance of the value chain, in combination with technical change, influence- and are influenced by circular bioeconomic policies. A company that wants to succeed in the circular bioeconomy must be prepared for the challenges and opportunities ahead.
This MicroMasters programme will help you understand the basic economics of a circular biobased economy. You will learn to carry out economic assessments of the benefits and costs of new biobased technologies, in a dynamic value chain, where feedback occurs between different actors such as between retailers and food processors. At the end of the MicroMasters programme, in the last course, you will perform a capstone project in which you apply the knowledge from all courses to your own business case. This will give you the opportunity to receive feedback from experts in the field of circular bioeconomy economics and policies.
Completion of this MicroMasters programme in Business and Economics for a Circular BioEconomy will provide you with knowledge and tools to analyse the economics and policy sides of converting biological resources into biobased products. Upon earning the programme certificate, you will be able to contribute substantially to managerial decision-making, as well as policy development.
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Courses under this program:
Course 1: From Fossil Resources to Biomass: A Chemistry PerspectiveExplore how to create a sustainable future by moving away from dependence on fossil resources to biomass resources for the production of food, chemicals and energy-carriers. Discover how to use microorganisms and catalysts to create biobased products.
Course 2: Circular Economy: An Interdisciplinary ApproachJoin the transition towards a circular economy considering economic, supply chain, social, technical, managerial and environmental aspects.
Course 3: Economics and Policies in a Biobased EconomyLead your company to make the switch to biobased resources and build a profitable sustainable business. Learn how to deal with the economics and policies governing this transition and the implementation and learn how to measure the outcome.
Course 4: Capstone Economics and Policies for a Circular EconomyThis capstone project is the final part of the MicroMasters® Program Economics and Policies for a Circular Economy. Interdisciplinarity is central in this part, linking the various sections in this MicroMasters Program.
