Introduction:

Rooted in the tradition of Austrian-born economists Carl Menger, Ludwig von Mises, and F.A. Hayek, “Austrian” economics is not a specific field within economics, nor is it a set of conclusions. It is an entirely different approach to understanding the social reality that dissents from the mainstream method, theory, and policy.

The Austrian school of economics promotes an economic and social thinking that is not confined to unrealistic, mostly mathematical models. The analysis focuses on autonomous entrepreneurial action and the free interaction of individuals in the marketplace.

The Austrian Economics Seminar will illustrate the fundamental theoretical insights of the Austrian school of economics in an introductory way and show the usefulness of these insights in terms of their relevance to creating either prosperity and freedom, or poverty and oppression in India.

About Austrian Economics Seminar Details:

The Austrian Economics Seminar is a 3-week advanced online certificate course run by the Centre for Civil Society. This online program introduces 30 participants to the principles of the Austrian School of Economics. AES aims to equip the participants with tools and principles based on sound economic theories that they can apply in analyzing policies.

The AES will illustrate the fundamental theoretical insights of the Austrian school of economics in an introductory way and show the usefulness of these insights in terms of their relevance to creating either prosperity and freedom, or poverty and oppression in India.