Sectieoverzicht


  • Introduction to Economics (3 credits)

    Instructor: Dr. Charles Streeter

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    Course Overview

    This Introduction to Economics course explores the foundational principles of economics. Students will examine how individuals, businesses, and governments make economic decisions in a world of limited resources. Through a biblical lens, the course equips ministry-minded leaders to engage economic challenges with wisdom, integrity, and stewardship. The content encourages students to understand markets, institutions, and policies in light of Christian values, preparing them for personal, vocational, and missional impact.

    Course Outcomes

    By the end of this course, students will be able to:

    1. Apply biblical principles such as stewardship, justice, and generosity to real-world economic issues.

    2. Explain fundamental economic concepts including scarcity, opportunity cost, supply and demand, markets, incentives, and trade-offs.

    3. Differentiate between Microeconomics and Macroeconomics, and explain their relevance in personal, organizational, and policy contexts.

    4. Identify the causes and effects of inflation, including Demand-Pull and Cost-Push Inflation, and relate these to economic well-being.

    5. Describe the role and tools of Fiscal Policy, including government spending and taxation, and their influence on economic activity.

    6. Describe the role and tools of Monetary Policy, including interest rates and money supply, and how they affect inflation, employment, and growth.

    7. Evaluate economic systems and models based on how they support or restrict economic freedom, innovation, and human flourishing.

    8. Reflect on entrepreneurship and vocational calling in the marketplace as a means of advancing God’s kingdom and serving community needs. 

    Resources: This course features open-source content from Openstax.com, specifically Principles of Economics 3e, from the following link (https://openstax.org/details/books/principles-economics-3e). This course also features videos and materials from a variety of sources.

    Required Assignments:

    1. View all online lectures and read all articles on each topic. Active engagement with course materials prior to attempting the quiz is required for each unit. If a resource is provided in multiple formats, simply choose whichever format best supports your learning. CLI’s system tracks your viewing history to determine meaningful engagement. Make sure you are logged into your student account when viewing or downloading the materials.
    2. Take the online quiz for each unit. You will have 75 minutes to answer 20 multiple-choice questions for each quiz. Each quiz covers the readings and video lectures for that unit. Once a quiz has started, you must finish it, and you cannot retake it. 

    Quizzes must be completed independently. The use of AI tools, search engines, other websites, or assistance from other individuals is prohibited.

    Quizzes are open-note. You may reference your own notes or any of the provided CLI course materials during the quiz. However, you should plan to study materials prior to attempting the quiz.

    Quiz Tip: First answer the questions you know. Then use your own notes or the provided CLI course materials to help answer any questions you are unsure about.

    3. At the end of the course, you will be invited to complete a brief Course Feedback Survey. Your feedback helps CLI evaluate the course and identify opportunities for improvement.


    Course Forum

    Each course forum is located near the beginning of the course, immediately before the first course-content section. The forum allows students to post course-related questions and comments for other currently enrolled students to view and discuss. You can also search previous posts to see whether your question or topic has already been addressed. 

    The forum is intended primarily for peer discussion and may not receive an immediate response. Questions or concerns requiring timely assistance should be directed to the Help Desk at helpdesk@christianleaders.net.


    Grading Scale

    A  93-100%   A- 90-92%   B+ 87-89%   B  83-86%   B- 80-82%   C+ 77-79%   C  73-76%   C- 70-72%   D+ 67-69%   D  63-66%   D- 60-62%   F  0-59%

    Students' final grade is based on the average of all required quizzes and assignments. Each graded activity is weighted equally unless otherwise stated. The single lowest quiz score will be excluded from the overall grade.

    Your average for the course must be at least 60%. Otherwise, you will fail the class and will receive no credit.


    Deadline

    You have 180 days to finish the course. If you have not received a final grade for the course before your enrollment ends, you will be automatically unenrolled, you will receive an “Administrative Withdrawal” for the course on your transcript, and all coursework will be removed. You will have to start over and take the class again to receive credit.

    To avoid potential administrative delays or additional fees, please complete all assignments at least three weeks before your enrollment end date.

    If you believe you qualify for a two-week extension, as outlined in our Catalog policies, please contact the Help Desk at helpdesk@christianleaders.net as soon as possible, ideally at least three weeks before your enrollment end date.