Lectures in Austrian Economics, Volume I
Human Action, Competition Theory, Entrepreneurship, and Price Theory
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Beschreibung
This book, the first of two volumes, comes to life through the transcription of captivating classroom lectures spanning several years, providing a comprehensive overview of the core topics within Austrian economics. With a focus on microeconomics, it explores foundational ideas within Austrian economics, including human action, entrepreneurship, competition theory, and price theory, to give readers a deep understanding of each topic unravelling complex economic concepts with clarity and precision. Economic uncertainty, rationality, marginal utility, productivity, exchange interactions, valuation, price determination, and monopoly are also discussed. Through a seamless blend of theory and real-world examples, readers are invited to challenge conventional wisdom and explore the implications of Austrian economics on society and individual freedom.
This book offers an accessible and engaging synthesis of Austrian economics that redefines the topic within modern economics. It will be relevant to students, teachers, and scholars of many other academic institutions around the world, interested in the approach of the Austrian School of economics and its relevance in today’s ever-evolving world.
Jesús Huerta de Soto is Professor of Economics at the King Juan Carlos University and a Senior Fellow at the Mises Institute.
"Austrian economics is not sufficiently taught at Universities. Jesús Huerta de Soto has created an outstanding global virtual classroom, which he is now equipping with textbooks. It is terrific!" – Gunther Schnabl,Leipzig University,Institute for Economic Policy.
This book, the first of two volumes, comes to life through the transcription of captivating classroom lectures spanning several years, providing a comprehensive overview of the core topics within Austrian economics. With a focus on microeconomics, it explores foundational ideas within Austrian economics, including human action, entrepreneurship, competition theory, and price theory, to give readers a deep understanding of each topic unravelling complex economic concepts with clarity and precision. Economic uncertainty, rationality, marginal utility, productivity, exchange interactions, valuation, price determination, and monopoly are also discussed. Through a seamless blend of theory and real-world examples, readers are invited to challenge conventional wisdom and explore the implications of Austrian economics on society and individual freedom.
This book offers an accessible and engaging synthesis of Austrian economics that redefines the topic within modern economics. It will be relevant to students, teachers, and scholars of many other academic institutions around the world, interested in the approach of the Austrian School of economics and its relevance in today’s ever-evolving world.
Provides a comprehensive overview of the core topics within Austrian economics Redefines Austrian economics within current economic research Explores foundational economics ideas within Austrian economics, including entrepreneurship and price theory
Autor*in
Jesús Huerta de Soto
Themen in »Lectures in Austrian Economics, Volume I«
Entrepreneurship Utility Economic institutions Profit Entrepreneurial knowledge Hayek hypothesis Political economy methodology Law of marginal utility Price determination Calculation of costs Exchange interactions Competition Monopoly Capital goods Cost principle