Scriptural Foundations for Microeconomics

By Harwood Hoover, Jr.
Edited by Michael E. Cafferky and Bruce Wrenn

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Description

Microeconomics—when seeking to understand market forces for the benefit of others—is an honorable area of study for a committed Christian. In making market decisions based on supply, demand, profit maximization, and market structures, a Christian businessperson uses Gospel values as a guide toward moral choices. Doing so requires a thorough grounding in God's Word as well as an understanding of modern applications and theory. An understanding of microeconomics can contribute to an organization and society when God's Word is the guide.

About the Series

The Scriptural Foundations for Business series comprises materials for the core business courses in most university-level schools or departments of business, commerce, or economics. As such, it provides a spiritual perspective that is needed to prepare a person of faith for a career in the world of business, whether in for-profit or not-for-profit enterprises. Each booklet is written to provide an understanding of how the discipline covered in the course can be comprehended—and eventually practiced—within the context of biblical truth. The authors represent a broad spectrum of nationalities, ethnicities, cultures, and educational training, but have in common a dedication to the integration of faith and learning in their courses and their lives. This series provides inspiration and education for living “a life worthy of the calling” (Ephesians 4:1) as God’s man or woman in the marketplace.