Changes

Economics is special in how it focuses entirely on the present and future, and not on the past.  For example, the price a good sells for does not depend on how much it cost in the past, but how much someone will pay for it now or in the future.  This is a difficult for students to adjust to, as other school subjects like history are primarily about the past rather than the future.

Economics is special in how it focuses entirely on the present and future, and not on the past.  For example, the price a good sells for does not depend on how much it cost in the past, but how much someone will pay for it now or in the future.  This is a difficult for students to adjust to, as other school subjects like history are primarily about the past rather than the future.

Economics provides insights about the true nature of "time".  In economics the value of the future is compared to the value of the present.  There is no value to the past.  When Christian values are superimposed on economics, the Christian faith in eternity makes the future far more valuable than the present; time spent worrying about the past is wasted time.

For example, economics provides insights about the true nature of "time".  In economics the value of the future is compared to the value of the present.  There is no value to the past.  When Christian values are superimposed on economics, the Christian faith in eternity makes the future far more valuable than the present; time spent worrying about the past is wasted time.

Economics also takes account of probability and risk, as in the famous aphorism "a bird in the hand is worth two in the bush."  The two birds in the bush may fly away before you can put your hands on them.  Again, these insights go far beyond the concept of "money" and extend to many other aspects of life.

Economics also takes account of probability and risk, as in the famous aphorism "a bird in the hand is worth two in the bush."  The two birds in the bush may fly away before you can put your hands on them.  Again, these insights go far beyond the concept of "money" and extend to many other aspects of life.