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{{Economics_Lectures}}

{{Economics_Lectures}}

Only one miracle during Jesus's ministry is mentioned ''in all four Gospels'', and it is referenced even twice in Mark.  It is the miracle of the multiplication of the loaves and fish to feed the crowd of thousands.  It illustrates God easily '''''overcoming''''' the scarcity in food.  Think about it: does scarcity really exist, or is it the result of turning away from God?  The more a society turns away from God, the bigger the problem of scarcity.  The devout Puritans starting with nothing in the cold New England winters, but created everything they needed.

One miracle is mentioned in all four Gospels: the multiplication of the loaves and fish to feed the crowd of thousands.  It illustrates God easily '''''overcoming''''' a scarcity in food.  Problems of scarcity seem to worsen in an absence of God.  The devout Puritans overcame scarcity in the cold New England winters, and created wealth under harsh conditions.

Economics is the study of the '''''transfer''''' of goods and services.  What determines the '''''price''''' and '''''quantity''''' of goods transferred?  How much must a buyer pay for the good (the price), and how many units of the good (the quantity) will the seller be able to sell at that price?

Economics is the study of the '''''transfer''''' of goods and services.  What determines the '''''price''''' and '''''quantity''''' of goods transferred?  How much must a buyer pay for the good (the price), and how many units of the good (the quantity) will the seller be able to sell at that price?