Skip to content
Oikonomia: Economics for Life and Flourishing
Week 01 — Laying the Foundation
Concepts, Terms and Topics Stewardship, Oikonomia, Imago Dei, the Role of Incentives, Scarcity and Opportunity Costs, Decision Making and Marginalism, Gains from Trade
INTRODUCING THE WEEK
LOOKING AHEAD—WEEK 1
Week 01 · Day 1 — Addressing the Sacred-Secular Divide — Stewardship, Oikonomia, and Imago Dei Sample Lesson
Read · Day 1 readings
Watch · PovertyCure: Bret Elder on Stewardship with Brett Elder
Watch · Action Institute – For the Life of the Work (FLOW) : Exile
Respond · Day 1 reflection
Week 01 · Day 2 — Discovering Economic Principles in Everyday Life — The Power of Incentives Sample Lesson
Watch · Potty Training and Incentives
Watch · Incentives and Bridges
Read · Day 2 readings
Respond · Day 2 reflection
Week 01 · Day 3 — Discovering Economic Principles in Everyday Life — Scarcity and Opportunity Costs Sample Lesson
Watch · Opportunity Costs and Trade-Offs
Read · Day 3 readings
Respond · Day 3 reflection
READ
Week 01 · Day 4 — Discovering Economic Principles in Everyday Life — Decision Making, Marginal Value and Trade Sample Lesson
Watch · Thinking at the Margin
Watch · Economics of Voluntary Exchange
Read · Day 4 readings
Respond · Day 4 reflection
Week 01 · Day 5 — Critical Thinking Assignment — Why Learn Economics? Sample Lesson
Respond · Day 5 reflection
Week 01 — Quiz 1
Week 02 — Market Basics
Concepts, Terms and Topics Specialization and Trade, Transaction Costs, Zero-Sum Game Myth, Subjective Value, Markets and Private Property, The Invisible Hand, The Role of Prices, Demand and Supply, and Equilibrium
INTRODUCING THE COURSE
LOOKING AHEAD—WEEK 2
Week 02 · Day 1 — Market Basics — Specialization, Wealth and Transaction Costs
Watch · Learn Liberty – Specialization and Trade
Read · Day 1 readings
Respond · Day 1 reflection
Week 02 · Day 2 — The Why and How of Markets — Subjective Value and the Labor Theory of Value
Watch · Learn Liberty- Subjective Value
Watch · Learn Liberty- Does Capitalism Exploit Workers
Read · Day 2 readings
Respond · Day 2 reflection
Week 02 · Day 3 — The Wonder of the Market Order — Private Property, Providence and Prices
Watch · Friedman – I Pencil and the Price System
Watch · IFWE- I, Smartphone
Read · Day 3 readings
Respond · Day 3 reflection
Week 02 · Day 4 — The Role of Prices — Coordinating Changing Choices
Watch · Indiana Jones Teaches Demand and Supply
Watch · Hudsucker Proxy – A Shift in Demand
Read · Day 4 readings
Respond · Day 4 reflection
Week 02 · Day 5 — Looking Back & Wrap-Up
Respond · Day 5 reflection
Week 02 — Quiz 2
Week 03 — Entrepreneurship, Markets, and Morality
Week 03 · Day 1 — Understanding Profits and Losses — Profit, Loss, and Helping Others
Watch · Learn Liberty – The Price System
Watch · Is Making Money Good or Bad?
Read · Day 1 readings
Respond · Day 1 reflection
Week 03 · Day 2 — Differentiating Self-Interest from Greed — Mandeville, Rand, and False Moral Pretenses
Watch · IFWE – Is Capitalism Based on Greed
Watch · (Optional) Atlas Shrugged and the Economics of Exchange
Read · Day 2 readings
Respond · Day 2 reflection
Week 03 · Day 3 — Fitting the Human Condition — Capitalism, Socialism and the Human Heart
Watch · Milton Friedman on Donahue
Read · Day 3 readings
Respond · Day 3 reflection
Week 03 · Day 4 — Encouraging Enterprise — Gift-Givers and Kitty Litter
Watch · Action Institute – ES: Gift Givers, Talents and Entrepreneurs
Read · Day 4 readings
Respond · Day 4 reflection
Week 03 · Day 5 — Critical Thinking Assignment — Discerning the Honey from the Hemlock
Read · Day 5 readings
Respond · Day 5 reflection
Week 03 — Quiz 3
Week 04 — Free Exchange and Wealth Creation
Week 04 · Day 1 — Creating Jobs — Incentive Structures and Wealth Creation
Watch · Learn Liberty – Broken Window Fallacy
Watch · Economic Freedom- How to Create a Job
Read · Day 1 readings
Respond · Day 1 reflection
Week 04 · Day 2 — Opening the Markets — Competition and Innovation
Watch · The Invisible Hand and Steak
Read · Day 2 readings
Respond · Day 2 reflection
Week 04 · Day 3 — Finding Real Abundance — The Image of God and “Men Without Chests”
Watch · Poverty Cure – Markets and Trust
Read · Day 3 readings
Respond · Day 3 reflection
1 of 5
Econ4Life
Previous Consider and Respond
Next Topic

Week 01 · Day 1 — Addressing the Sacred-Secular Divide — Stewardship, Oikonomia, and Imago Dei

  1. Oikonomia: Economics for Life and Flourishing
  2. Week 01 · Day 1 — Addressing the Sacred-Secular Divide — Stewardship, Oikonomia, and Imago Dei

Work through each activity below in order. Complete the Respond activity at the end to finish this day.

Lesson Content
0% Complete 0/4 Steps
Read · Day 1 readings
Watch · PovertyCure: Bret Elder on Stewardship with Brett Elder
Watch · Action Institute – For the Life of the Work (FLOW) : Exile
Respond · Day 1 reflection
Previous Consider and Respond
Back to Course
Next Topic