Economics is semester-long course, using Social Studies PACES 1139 through 1144. It is expected that students will complete the year with the other six PACES that cover U.S. Civics. Six PACEs and two answer keys are needed for this course that was entirely rewritten in 1998.
The content of this course is challenging, but excellent. It begins with a brief overview of a biblical perspective on economics, then continues with a in-depth contrast of economic theories. The author's viewpoint is clearly pro-freemarket capitalism, but lessons are continually tempered with biblical associations.
The content rivals many college economics courses. It covers both macro (large concepts such as a country's economic policy) and micro economics (business and personal finances). Extensive examples, graphs, and illustrations coupled with historical situations make the material understandable. Still, students will need to apply themselves to succeed in this course.
Activity Pacs within each PACE require students to read carefully and reread for details to fill in the work pages. Tests, however, aim at the important questions rather than memorization of the text.
