Austrian Economics: An Introductory Course

1. Choice, Utility, and Demand

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02/12/2010Mises Media
Economics begins with the concepts of scarcity and choice. If there was no scarcity it would all be free. Resources like time and materials need to be allocated to economically feasible uses. This will depend on the consumers' demand for the final product.
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2. Supply and Demand

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02/20/2010Mises Media
In this lecture in 1972, supply and demand concepts included: preferences of consumers, prices, quantity, quality, elasticity, equilibrium, marginal utility, present goods, and production processes.
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3. Advertising

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02/20/2010Mises Media
Advertising has always had bad press with economists, but consumers discover that a product either works and works well, or it doesn't. Consumer wants are not artificially created by business itself.
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4. Price Controls

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02/20/2010Mises Media
Price controls — triangular interventions — occur when an intervener (generally government) either compels a pair of people to make an exchange or prohibits them from making an exchange.
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5. The Profit Motive

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02/20/2010Mises Media
Presented by Rothbard at New York Polytechnic University in 1972.
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6. Costs of the Firm

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02/20/2010Mises Media
Presented by Rothbard at New York Polytechnic University in 1972.
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8. Labor and Unions

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02/20/2010Mises Media
Presented by Rothbard at New York Polytechnic University in 1972.
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9. Labor

오스트리안 경제학생산 이론

02/20/2010Mises Media
Presented by Rothbard at New York Polytechnic University in 1972.
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