Introduction to Microeconomics

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1. Intro to Micro: Demand and Supply

Introduction to Micro

Tags Austrian Economics Overview

01/21/2010Murray N. Rothbard

Microeconomics is concerned with the actions of individuals. The focus of macroeconomics is entire sectors of the economy. All good macro will have micro foundations because those economic sectors are made up of individuals, each using scarce means to achieve their desired ends.

Part 1 of 14. Presented in 1986 at New York Polytechnic University.


Murray N. Rothbard

Murray N. Rothbard made major contributions to economics, history, political philosophy, and legal theory. He combined Austrian economics with a fervent commitment to individual liberty.