img Leseprobe Leseprobe

Lectures in Austrian Economics, Volume I

Human Action, Competition Theory, Entrepreneurship, and Price Theory

Jesús Huerta de Soto

PDF
ca. 128,39

Springer Nature Switzerland img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Politik und Wirtschaft

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.

 

 

 

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Schlagwörter

Competition, Exchange interactions, Economic institutions, Price determination, Monopoly, Entrepreneurship, Political economy methodology, Calculation of costs, Law of marginal utility, Profit, Entrepreneurial knowledge, Utility, Hayek hypothesis, Capital goods, Cost principle