Commerce & Calling · Vol. V · Preview

Micro & Macro Economics

How the World Works — Scarcity, Choices, and Stewardship

Primary path: 16 weeks sequential · Alternate: 8-week survey

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Economics is moral reasoning about scarcity, incentives, justice, and calling — with real tools, not slogans. The primary Academy product is a sequential 16-week course: eight weeks of microeconomics (Module A) followed by eight weeks of macroeconomics (Module B). An 8-week history-shaped survey remains available for single-semester co-ops.

Product decision

Module A — Microeconomics (Weeks 1–8)

  1. Scarcity, trade-offs & biblical foundations
  2. Pre-modern markets (institutions bridge)
  3. Adam Smith & the invisible hand
  4. Supply, demand, elasticity & price signals
  5. Market structures: competition to monopoly
  6. Labor markets & human capital
  7. Market failure & government failure
  8. Behavioral economics & ethics capstone

Module B — Macroeconomics (Weeks 9–16)

  1. Measuring the economy: GDP, unemployment, inflation
  2. Growth & development
  3. Money, banking & the Fed
  4. Monetary policy: rules vs discretion
  5. Fiscal policy: stimulus, crowding out, debt
  6. Financial crises (2008 chain)
  7. Globalization & supply-chain fragility
  8. Policy, justice & economic calling

What's included (per tool week)

Production status (July 2026)

Curriculum source: courses/2026 Micro and Macro Economics/COURSE_STRUCTURE_16.md

Commerce & Calling stack

  1. I · Riches Redeemed — personal finance
  2. II · Advanced Finance
  3. III · Careers in Finance
  4. IV · History of Business
  5. V · Micro & Macro Economics — this volume
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