Economics

"It has been my observation that most people get ahead during the time others waste."
                                                                                                                    -Henry Ford

"History suggests that capitalism is a necessary condition for political freedom."
                                                                                                                    -Milton Friedman

Text: Economics: Work and Prosperity in Christian Perspective
Publisher: A Beka Book
Copyright: 1999

Chapter Breakdown:

Chapter

Title

1

Everybody's Economics
2 Economists and Economic Laws
3 The Factors of Production
4 The Laws of Supply and Demand
5 The Productive Market Economy
6 The Good That Competition Does
7 Efficiency of Production
8 Why Everybody Needs to Save
9 What Money is Good For
10 Government and the Economy
11 Successes and Difficulties in the Market Economy
12 Promise and Performance in the Command Economy
13 A Look at the Global Economy
14 A Cheerful View of Our Economic Future

Research Paper Topics:

Free Enterprise vs. the Command Economy
The Increase of Socialism in the American Economy
Why Communism Failed in the Soviet Union
Should the United States Trade with China?
Global Trade: Bilateral vs. Multilateral Trade Agreements

Overview:

"Economics: Work and Prosperity is written from a conservative, Christian perspective.  Basic to this perspective is the conviction that God created man with a free will and that man is accountable to God for his thoughts and actions.  The Christian perspective is the key to a proper understanding of economics, for it enables the student to evaluate differing economic systems and to apply God's Word to the marketplace."

                                                                                -excerpt from teacher guide