Changes

Economics is special in how it focuses entirely on the present and future, and not 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 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, and suggests that time spent worrying about the past is wasted time.

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 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 the world.

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 is a relatively young subject or field, less than a few centuries old.  Economics is much younger than history and religion and other topics.  There is still many advances to be made in economics, and much more value to be obtained from it.  Perhaps some of the students in this class -- or your teacher -- will discover new economic truths during this course.  Economics, with its powerful logic, contains many surprises for students, such as results that are not what someone first expects based on intuition alone.

Economics is a relatively young subject or field, less than a few centuries old.  There is still many advances to be made in economics, and much more value to be obtained from it.  Perhaps some of the students in this class -- or your teacher -- will discover new economic truths during this course.  There are surprises in economics that are different from what we first expect.

Economics is the single most likely course (other than a Bible course) to change a student's life for the better, as many former students of this course and similar courses have described.  That is not simply because the student understands money and business better.  It is because the logic of economics empowers students to recognize that hardships can be turned into blessings, that opportunities exist all around for everyone, and that the future can be made far better than the present.  Many of Jesus's parables were stated in economic terms, such as the vineyard owner who paid all of his workers the same good wage no matter how long they worked (Mt 20:1-16).  Economics, especially when combined with Christianity, is a logical subject that yields unlimited optimism and opportunity.  Learn economics with an open mind and you will be forever glad you did.

Economics is the single most likely course (other than a Bible course) to change a student's life for the better, as many former students have described.  That is not simply because the student understands money and business better.  It is because the logic of economics empowers students to recognize that hardships can be turned into blessings, that opportunities exist all around for everyone, and that the future can be made far better than the present.  Many of Jesus's parables were stated in economic terms, such as the vineyard owner who paid all of his workers the same good wage no matter how long they worked (Mt 20:1-16).  Economics, especially when combined with Christianity, is a logical subject that yields unlimited optimism and opportunity.  Learn economics with an open mind and you will be forever glad you did.

==More Definitions==

==More Definitions==