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This course requires thinking more than reading or writing.  The assignments will be short and the homework "problem sets" will be intriguing.  You will have time to read and reread the materials, and think about them, in order to fully understand the concepts.  Repeatedly ask yourself and others questions, and ask questions in class.  Test yourself with your own examples.  You may have to read and think about a concept in economics many times before you really understand it.  But once you understand these concepts, you can use them your entire life, and this will help you in ways beyond money or business.  This course will enable you to deal with problems and help you understand behavior by others, including politicians.  Many of my students have told me that economics is the best course they ever took from me, and I teach many other topics.
 
This course requires thinking more than reading or writing.  The assignments will be short and the homework "problem sets" will be intriguing.  You will have time to read and reread the materials, and think about them, in order to fully understand the concepts.  Repeatedly ask yourself and others questions, and ask questions in class.  Test yourself with your own examples.  You may have to read and think about a concept in economics many times before you really understand it.  But once you understand these concepts, you can use them your entire life, and this will help you in ways beyond money or business.  This course will enable you to deal with problems and help you understand behavior by others, including politicians.  Many of my students have told me that economics is the best course they ever took from me, and I teach many other topics.
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Start working on the problems early in the week, so that you can ponder them a while before answering.  Answers may not occur to you at first.  It may be days after you read a problem, and while you're doing something completely different, when a light bulb turns on in your mind and you think, "Eureka" (I solved it!).  Give yourself plenty of time for that to happen, by starting early on the problems.  They are not difficult if you start early in solving them.
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Start working on the problems early in the week, so that you can ponder them a while before answering.  Answers may not occur to you at first.  It may be days after you read a problem, and while you're doing something completely different, when a light bulb turns on in your mind and you think, "Eureka" (I solved it!).  Give yourself plenty of time for that to happen, by starting early on the problems.  They are not difficult if you start early in solving them. If you get "stuck" on a problem, then you might find it helpful to look at similar problems and their model answers from the version of this course taught in 2007, which are posted along with lectures in this course online.<ref>http://www.conservapedia.com/Economics_Lectures</ref>
    
== What Is Economics? ==
 
== What Is Economics? ==
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12.  The account of the multiplication of the loaves by Jesus is unique in the way it is included in all four Gospels, and is even mentioned twice in Mark.  Read the account, as in Matthew 14:13-21.  After reading that, do you think scarcity does inherently exist?
 
12.  The account of the multiplication of the loaves by Jesus is unique in the way it is included in all four Gospels, and is even mentioned twice in Mark.  Read the account, as in Matthew 14:13-21.  After reading that, do you think scarcity does inherently exist?
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== References ==
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<references/>
 
[[Category:Economics lectures]]
 
[[Category:Economics lectures]]
 
{{DEFAULTSORT: Economics Lecture 01}}
 
{{DEFAULTSORT: Economics Lecture 01}}
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