Economics for Everybody
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Introduction
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1 - And God Created Economics8 Steps|1 Quiz
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2 - The Economic Problem of Sin8 Steps|1 Quiz
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3 - The Path from Work to Wealth8 Steps|1 Quiz
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4 - The Route From Scarcity to Plenty8 Steps|1 Quiz
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5 - The Role of the Entrepreneur8 Steps|1 Quiz
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6 - A Tale of Two Theologies, Part 18 Steps|1 Quiz
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7 - A Tale of Two Theologies, Part 28 Steps|1 Quiz
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Lecture 7 (18 min video)
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Read Lesson 7: Scripture
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Read: North Star Principle- Economic Philosophy (The Law & Control)
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Read: Economic Philosophy (Spectrum of Economic Systems) - Persecution
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Short Answer Questions
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Discussion Questions
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Optional: Read Basic Economics Chapters 15, 19, 22
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Optional: Project Lesson 7
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Lecture 7 (18 min video)
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8 - Government Intervention8 Steps|1 Quiz
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Lecture 8 (18 min video)
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Read Lesson 8: Scripture
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Read: Introduction to Government Intervention- Impact on Stewardship
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Read: Economic History of the US Economy - Parental Responsibility
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Short Answer Questions
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Discussion Questions
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Optional: Read Basic Economics Chapters 12, 15, 20-21
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Optional: Project Lesson 8
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Lecture 8 (18 min video)
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9 - The Two Mysteries of Monetary8 Steps|1 Quiz
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Lecture 9 (27 min video)
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Read Lesson 9: Scripture
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Read: Introduction to the Two Mysteries- Clues to the First Mystery (Who Controls Money)
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Read: Clues to the First Mystery (Inflation After World War 1)- Stewardship and Inflation
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Short Answer Questions
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Discussion Questions
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Optional: Read Basic Economics Chapters 8-9, 15
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Optional: Project Lesson 9
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Lecture 9 (27 min video)
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10 - The Welfare & Corporate States of America8 Steps|1 Quiz
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11 - Economics Has Consequences8 Steps|1 Quiz
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12 - Kingdom Economics6 Steps|1 Quiz
Short Answer Questions
1. Explain the relationship between stewardship and economics.
Economics is the primary tool of our stewardship. God desires all men and women to fulfill the cultural mandate that He gave to Adam in the garden. That mandate is take care of and cultivate the creation under God’s direction. In order to steward creation, one must make choices as to how to best use the limited resources of creation to build up a godly civilization.
2. Name some ways that the cultural mandate is related to economics in your own life.
As a student, you are making choices as to how to best use your limited time to learn more about God’s creation and your role in it. You might have listed the subjects you are studying; note that you have made choices to study some things and not others. You might have listed your hobbies or jobs you work. What this question may have made you think about is how much you are spending your time in worthy pursuits that provide something lasting (such as creating something or working a job) versus pursuits that may be nothing more than just passing time (such as TV, surfing the Internet, or video games).
3. Why do you think economics is often divorced from morality in the modern world?
The modern world has rejected Christian categories of thinking and so has tried to build various worldviews on secular philosophical foundations. In economics, this means that it has embraced a generally mathematical (or quantitative), non-moral view of economics. If men are not made in God’s image, then there is no moral law that their choices must conform to.
4. How might economics enable us to fulfill the Great Commission beyond just providing missionaries with financial support?
There are countless ways economics does this, but here are a few examples: the division of labor and free trade ensures that we are not having to work all the time just to survive, so can instead spend time discipling others, learning more, and worshiping God; by working different jobs throughout society, we are salt and light to unbelievers in all sorts of places; we all use our money to build churches, schools, hospitals, and other things necessary for a healthy, Godly society.