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Principles of Economics | Robert P. Murphy
I am proud to announce that I am promoting Robert P. Murphy’s Principle of Economics course on the Mises Academy!
Not only a great course for all ages, but I pray I can document the reach of Theodore Media in providing you great products and sending all my great readers to take advantage of this great opportunity!
Principles of Economics | Robert P. Murphy
Robert Murphy will teach Principles of Economics in the Fall of 2010 , an online class for all ages that will use his forthcoming book Lessons for the Young Economist. The class will run from September 7 until November 19, ten weeks of fantastic economics instruction from the ground up. His book, which is sure to become a standard text in the future, will be debuted in this class. Enrollment in the class is $250 and covers all materials, weekly lectures, office hours, quizzes, grading, and final exam. The class is designed for high school students, but it is the ideal class for gaining a solid foundation in economic science. The focus is on the Austrian understanding. The knowledge gained will establish a rock-solid basis for all future studies in economics. The goal is to present economics in the same way that it was given to Mises, Hayek, and Rothbard early in their schooling, a paradigm to inspire a lifetime of understanding and scholarship.No prior exposure to economic logic is required. Students may opt out of quizzes, tests, and grading.
He will cover: Thinking Like an Economist, How We Develop Economic Principles, Economic Concepts Implied by Action, “Robinson Crusoe” Economics, The Institution of Private Property, Direct Exchange & Barter Prices, Indirect Exchange and the Appearance of Money, The Division of Labor & Specialization, Entrepreneurship & Competition, Income, Saving, and Investment, Supply & Demand, Interest, Credit, and Debt, Profit & Loss Accounting, The Stock Market, The Failures of Socialism—Theory and History.
Weekly Topics:
- Thinking Like an Economist

- How We Develop Economic Principles
- Economic Concepts Implied by Action
- “Robinson Crusoe” Economics
- The Institution of Private Property
- Direct Exchange & Barter Prices
- Indirect Exchange and the Appearance of Money
- The Division of Labor & Specialization
- Entrepreneurship & Competition
- Income, Saving, and Investment
- Supply & Demand
- Price Control
- Tariffs and Quotas
- The Economics of Drug Prohibition
- Inflation
Professor Biography:
Robert Murphy is an adjunct scholar of the Mises Institute. He runs the blog Free Advice and is the author of The Politically Incorrect Guide to Capitalism, the Study Guide to Man, Economy, and State with Power and Market, theHuman Action Study Guide, and The Politically Incorrect Guide to the Great Depression and the New Deal.
Read one of his numerous Mises Daily articles.
Live Sessions:
The weekly live video-broadcast lectures will be Wednesdays from 7:30 – 9:00pm EDT. Professor Murphy will lecture for 1 hour, and then take questions for 30 minutes.
Also every week Professor Murphy will hold “office hours” (extended question-and-answer sessions) which will be every Saturday from 11am – 2pm EDT, with a 15-minute intermission. Office Hour attendance is NOT required, and students may drop in and out as they please.
Reading:
Readings include primary documents, works by contemporaries, and recent scholarship and commentary.A full hyper-linked syllabus with readings for each weekly topic will be available for all students.
The primary text for the course will be Murphy’s new book Lessons for the Young Economist, which ). This books will be available both for purchase and as a free PDF download (click here for a draft version of the text).
Final Grade, Transcript, and Certificate of Completion:
The final grade will depend on participation (in both lecture and discussion sessions), essays, quizzes, and the final exam. Students will have access to a digital transcript for the course. We will add any future grades for future Mises Academy courses taken to this transcript. Students will also receive a digital, printable Certificate of Completion.
At this time the Mises Academy does not offer transferable credits, certifications, or degrees.

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Red State Update: Tennessee Under Water And Nobody Gives A Dang
RedStateUpdate.com Week on SocialistSquirrel.com
Tennessee Under Water And Nobody Gives A Dang

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Red State Update: Obama Admits He’s A Muslim?
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Red State Update: Obama Admits He’s A Muslim?

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