{"product_id":"economics-in-the-bible-paperback","title":"Economics in the Bible - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003ePaul Choi\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eMany people think that there is no or mere connection between economics and the Bible. When people hear that I majored in economics and biblical studies, they wonder why I studied the two quite different fields. Then, they guess that I just gave up what I previously studied (economics) to become a pastor. However, I think that the Bible teaches a lot about economics, which I define the study of decision making by economic agents - an individual, a firm, a market, or a government - in everyday life. Microeconomics is the study of an individual's decision making for him\/her and his\/her household to maximize utility (that is, satisfaction) and a firm's decision making to maximize its profit. Macroeconomics is the study of a government's decision making for a country as a whole under various situations of employment\/unemployment, inflation, business cycles, growth, etc.\u003c\/p\u003eWhen we say about an economy, it generally means a situation or a status of a country in terms of employment\/unemployment, inflation, gross domestic product (GDP) or consumption, exports\/imports, and\/or national budget\/debts or of a household in its budget and\/or consumption. However, in the New Testament, the Greek word, \"\u003cem\u003eoikonomia\u003c\/em\u003e,\" which corresponds to the English word, \"economy,\" is used more about (managing or governing) activity rather than a situation or a status. Its meanings in the New Testament include \"stewardship or the management of the household\" (Luke 16:2-4); \"mission or dispensation (of spreading the gospel)\" (1 Cor. 9:17); and God's plan or dispensation of human salvation\" (Eph. 1:10). I believe that God wants his people to be saved not only spiritually but also materially. By \"material salvation,\" I mean that God's people can also be saved materially in this world by learning economics of God - learning how to manage their time, money, and life according to the will of God and his instructions.\u003cp\u003e\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 186\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.4 x 9 x 6 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e May 05, 2025\u003c\/div\u003e\n            ","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":53576029077811,"sku":"9798895320402","price":31.61,"currency_code":"USD","in_stock":true}],"url":"https:\/\/s3xxpj-vy.myshopify.com\/products\/economics-in-the-bible-paperback","provider":"The Celestial Starlit Phoenix ","version":"1.0","type":"link"}