Austrian Economics: An Introductory Course

Murray N. Rothbard
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Austrian Economics: An Introductory Course

Presented by Murray N. Rothbard in 1972 at New York Polytechnic University.

  1. EPISODE 1

    1. Choice, Utility, and Demand

    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.

  2. EPISODE 2

    2. Supply and Demand

    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.

  3. EPISODE 3

    3. Advertising

    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.

  4. EPISODE 4

    4. Price Controls

    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.

  5. EPISODE 5

    5. The Profit Motive

    Presented by Rothbard at New York Polytechnic University in 1972.

  6. EPISODE 6

    6. Costs of the Firm

    Presented by Rothbard at New York Polytechnic University in 1972.

  7. EPISODE 7

    7. Pricing of the Factors of Production

    Presented by Rothbard at New York Polytechnic University in 1972.

  8. EPISODE 8

    8. Labor and Unions

    Presented by Rothbard at New York Polytechnic University in 1972.

See All (16)

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About

Presented by Murray N. Rothbard in 1972 at New York Polytechnic University.

Information

  • Creator
    Murray N. Rothbard
  • Episodes
    16
  • Rating
    Clean

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