Fundamentals of Austrian Economics

Fundamentals of Austrian Economics (Part A) Part A of the crash course Fundamentals of Austrian Economics introduces the essential principles that distinguish the Austrian School from mainstream economic thought. This module examines purposeful human action, methodological individualism, subjective value, marginal utility, and time preference—concepts that form the analytical core of all Austrian reasoning. Students learn why Austrian Economics begins with the acting individual, how economic choices are shaped by preferences and trade-offs, and why voluntary exchange is mutually beneficial. Part A builds the conceptual foundation needed to understand the other fundamental aspects of the Austrian School. Explore Austrian Economics. Access Part A