Economics for Everybody Curriculum


Economics for Everybody | Trailer

by R.C. Sproul, Jr.
Compass Classroom

Economics: it’s everywhere, influencing everything — and so rarely understood.
“RC’s engaging, clear explanation of basic economic concepts had me saying, “Oh! So that’s what they mean by (fill in the blank)!” more than once.”
- Homeschool mother

Economics for Everybody seeks to remedy that through an insightful and entertaining exploration of the principles, practices, and consequences of economics. Thoroughly unconventional, this church, family, and homeschool economics curriculum links entrepreneurship with lemonade, cartoons with markets, and Charlie Chaplin with supply and demand.

If you’re confused about teaching economics to your church or family, or are just looking for a great homeschool economics curriculum, this is the place to begin. It not only explains how economics works, it shows how economic freedom is directly related to religious freedom; it explores the differences between socialism, interventionism, and free markets; and it explains how stewardship is at the heart of a healthy economic system.

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  • AT A GLANCE

    FORMAT:

    DVD
    (Download coming soon)

    LESSONS:

    12 Lessons

    INCLUDES:

    Videos, Study Book

    CREDITS:

    1/2 HS Economics (See FAQ)

    Producer:

    Compass Cinema

    Instructor:

    R.C. Sproul, Jr.

  • LIST OF LESSONS

    You’ll cover a lot in this study. Lessons 1 to 5 introduce key economic principles; Lessons 6 and 7 explain the relationships between theology, philosophy, and economics; Lessons 9 to 12 examine the application of economics in real-life systems. Everything fits together, with each lesson generally building on the lesson before it.

    Here’s a preview of Lesson 1:

    Economics for Everybody Study Guide (Sample)

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    1. And God Created Economics | Stewardship in God’s Image

    What is Economics? – God’s Attributes & Actions – Man in God’s Image – Creation Mandate – Stewardship – Why Study Economics – Missionary Impact

    2. The Economic Problem of Sin | Law, Liberty & Government

    The Fall of Man & Scarcity – Impact of Fall on Stewardship & Work – Grace of Law – Economic Aspects of 10 Commandments – Civil Government – Liberty vs. Tyranny – Theology to Anthropology to Politics to Economics

    3. The Path from Work to Wealth | Production, Property & Tools

    What is Wealth? – Principles That Lead to Wealth – Work – Production – Ownership & Private Property – Land, Labor & Capital – Savings & Capital Accumulation – Division of Labor – Tools – Mass Production – Lower Prices & Increased Purchasing Power

    4. The Route From Scarcity to Plenty | Money, Markets & Trade

    Famines, Scarcity & Prosperity – Value – Economic Demand – Markets – Free Trade – Money – Laws of Supply & Demand – Price – Marginal Utility – Impact on Prices – Greater Selection of Goods & Services at Lower Prices

    5. The Role of the Entrepreneur | Capital, Calculation & Profit

    What is an Entrepreneur? – Importance of Capital – Economic Calculation – Job Creation – Technology – Profit – Competition – Self-balancing Free Market

    6. A Tale of Two Theologies, Part 1 | From God to Politics

    Consequences of Economics – 19th-century England vs. 20th-century Soviet Union & Impact on Christianity – Comparison of Christianity vs. Atheism – Two Systems at War – Theologies – Anthropologies – Political Philosophies – Political Systems

    7. A Tale of Two Theologies, Part 2 | Economic Philosophies & Systems

    Comparison between Christian & Atheistic Economic Philosophies – Private vs. Public Ownership of Property – Free Market vs. Command & Control/Socialistic – Interventionism – Freedom & Growth of Christianity

    8. Government Intervention | Basic Principles & Education

    German Socialism in WWI – North Star Principle: Biblical Stewardship – Intervention & Stewardship – Areas of Interventionism – Quick History of U.S. & Economics – U.S. Educational Policy & Stewardship

    9. The Two Mysteries of Monetary Policy | Inflation & Depressions

    Two Mysteries: Devaluation of Dollar and The Great Depression – What is Money? – Government & Banks – Interest Rates – Federal Reserve – Inflation & Stealing – Interventionist Monetary Policy & Stewardship – Inflation leads to Boom & Bust Cycle – Influence of Central Bank – Great Depression – Govt Policies & Stewardship

    10. The Welfare & Corporate States of America | The Costs of Redistribution

    The Welfare State – Biblical View – Brief History – Problems of Intervention – Growth of Welfare State – Christian Questions – The Corporate State – Cronyism – Politics and Business – Government Spending – Government Taxation/Borrowing

    11. Economics Has Consequences | The Real Effects of Sin

    North & South Korea – Impact of Economics on Christianity – Sin & Economics – Socialism: Scarcity & Police State – Gradual Socialism/Interventionism: Nation of Rent Seekers – Regulation & Bureaucracy – Free Markets – Economics & Religious Freedom

    12. Kingdom Economics

    Genesis 3:15 & The Serpent – Moses & Slavery – Sack of Rome and Augustine’s City of God – Hitler’s Mein Kampf – Gradual Socialism & Christianity – Liberty & Economics – The Kingdom and the Future

  • FAQ

    FREQUENTYLY ASKED QUESTIONS


    Who is the series for?

    Although we like to say it’s for everybody, we did have a few particular audiences in mind. For instance, small groups wanting to go through a unique series; or families with middle school kids and older; then middle or high school students either in traditional schools or homeschools; and, finally, any adult who wants to understand what economics is all about (in a fun and engaging way, of course).

    Can I get High School Credit for the series?

    Yes. Economics for Everybody is designed to be the base of a one-semester economics class for homeschool high school students. If this Scope and Sequence is followed, it will good for onehalf credit in economics. The course can be used in two ways: by itself as a lighter study to introduce basic economics concepts (9th/10th graders), or used together with another economics textbook as a more in-depth study for students with worldview training (10th/11th/12th graders). If you choose to do the latter, we recommend Basic Economics, Third Edition by Carson and Cleveland.

    Here is a link to the Scope and Sequence / Study Guide Answer Key which provides complete details for teaching the class.

    How long are the lessons?

    Lessons 1-5 and 12 are under 20 minutes; Lessons 6-11 range from 20 to 27 minutes. As the lessons dig deeper into economic applications, they get longer in order to cover the material.

    What is included in the Study Guide?

    The 236p Study Guide includes an expanded outline of each lesson with additional material not included in the lessons; it also includes related Bible readings, discussion questions, short answer questions, and multiple-choice questions. Finally, it includes a listing of all the sources used in the series.

    Are there any other books you’d recommend?

    Lots. You can find a list of them on our Resources page.

  • SHIPPING
    SHIPPING (USA)
    We charge a flat shipping rate of $5 for Economics for Everybody.

    INTERNATINAL SHIPPING: In an effort to encourage homeschoolers abroad, we offer the same flat shipping rate of $5 per order for our international customers!
  • REVIEWS
    Economics for Everybody Reviews from Customers

    In short, I can do nothing but give the highest recommendation for this study. It serves as a desperate warning to a country that is heading in a wrong direction and as a guide to help individuals, families, churches, and governments rightly understand their roles in God’s sovereign schematic.

    Pastor Jeremy Lundmark

    Economics for Everybody is really more than just an economics course: its economics meshed with Biblical theology and a smattering of history thrown in for good measure. This isn’t your standard economics course. This course will teach you what the Bible says about economics and how we as Christians should view the subject.

    Read the entire review from Trisha at Intoxicated on Life

    I was impressed with the production quality, the combination of teaching content and film extracts, RC’s lively presence on camera, and the skill with which he simplifies economics so that everybody can understand and relate to it. I liked his basic analogy, that the way we all handle money in our everyday life is a small picture of the greater economic forces and issues that businesses and government have to face. Economics for Everybody is for everybody.

    Read the entire review from Pastor David Murray on HeadHeartHand

    Dr. Sproul presents concepts in an easy to understand manner. He explains economics in a way that allows students to relate to the information which is being presented by using practical examples. The fun videos such as Charlie Chaplin and photos are entertaining as well as good visuals for the topics being covered…I think all of us have walked away with a better understanding of economics as well as had several ah-ha moments thanks to this study.

    Read the entire review from Heather on Marine Corps Nomads

    R.C. Sproul, Jr. is an excellent speaker (it must be genetic) gives 20-25 minute lectures. His engaging, clear explanation of basic economic concepts had me saying, “Oh! So that’s what they mean by (fill in the blank)!” more than once….To sum up: I highly recommend this program for anyone wanting a biblical understanding of economics and for middle and high school students studying economics.

    Read the entire review from April at Oddly Said

    I strongly recommend this curriculum for highschool students. Other economics curriculum, especially on the college campuses, tend to omit God’s principles. What a great opportunity for our students to get a chance to take this class from Dr. Sproul. I truly believe that they have hit another home run with Economics for Everybody.

    Read the entire review from Kirsten at Outside the Box Homeschooling

    I don’t even remember the econ course I took in High School because it was based on complex theories that didn’t seem relevant to me. This course is relevant on many different levels- as a Christian, as a consumer, as a producer of simple products for my home and as a wife who benefits from my husband’s labor away from home. I think it is not only relevant to econ but to business and everyday life also.

    Read the entire review from Briana at I Can’t Decide

    As the title suggests, anyone can benefit from going through these lessons! It would make a unique small group or Sunday School study, or a fantastic youth group resource. Families can go through it together with their middle school and older kids. It would also work great in a traditional school or co-op situation, or even for an interested individual who just wants to understand what economics is all about and how it fits into a biblical worldview!

    Read the entire review from Kara at Home With Purpose

    This has been a huge blessing for our family. My husband and son watched all of the videos together but I only saw bits and pieces of a few. After each video we would have a family discussion about what was taught. You should have seen how hyped up my hubby was. He kept talking about how no wonder we are messed up in our thinking as a society. It’s no better in the church because a lot of what’s been taught in schools and society has crept into the church as well.

    Read the entire review from Tajuana at Cross Rhodes Academy

    Economics doesn’t get more interesting than this. Trust me. I have a degree in Social Science Education (meaning I taught Economics), and I’ve studied Economics plenty. But Dr. Sproul presents things so clearly, so simply, and most importantly, so Biblically, that I understand it in a whole new way. The theology is solid and life changing if you really embrace it. I’m thrilled for my children to have the opportunity to learn Economics from God’s perspective. Even my son, who is on the Autism Spectrum and not strongly academic, “gets it”. And he’ll watch this willingly, where I would have to fight tooth and nail to get him to read an Economics text.

    Read the entire review from Amy at One Blessed Mama

    I highly recommend Economics for Everybodyfor any middle schooler, high schooler, or adult who desires a greater understanding of the field of economics. The economy has such a great impact on our day-to-day lives, we owe it to ourselves to take a little bit of time to understand the principles better.

    Read the entire review from Debra at Note-able Scraps

    I have to admit…THIS program is what all schools need to use. It is Biblically based but still, it is important. The way it is done….I can’t say enough good things about it. I love the videos. I love the study guide. I love how the questions are done. I like that I have it as a download because I can print pages as I need without photocopying a book (cleaner neater looking for their notebooks).

    Read the entire review from Vickie at Tumbleweed News