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Fundamentals of Economic Analysis: A Causal-Realist Approach

June 11-15, 2007
Mises Institute, Auburn, Alabama

Carl Menger (1840-1921)Joseph Salerno and Peter G. Klein are two of the most productive microeconomists in the Austrian School today. This seminar gives you a preview of their forthcoming textbook for gradaute students.

REGISTER ONLINE NOW
 
The Seminar is open to full-time students (no charge for qualifying students). Registration is $125 for Mises Institute Members (click HERE to join, or to update your membership) and faculty, and $195 for non-Members. Registration includes daily boxed lunches, refreshment breaks, closing pizza party, transportation between the dorm and the Institute each day, and the use of Mises Institute research libraries and computers.

SUGGESTED TEXTS

Milton M. Shapiro, Foundations of the Market-Price System, University Press of America, 1985.

Percy L. Greaves, Jr., Understanding the Dollar Crisis, Western Islands Publishers, 1973.

Thomas C. Taylor, An Introduction to Austrian Economics, Ludwig von Mises Institute, 1980.

Henry N. Sanborn, What, How, For Whom: The Decisions of Economic Organization,Cotter-Barnard Company, 1972.

 

COURSE SCHEDULE AND SUGGESTED READINGS

Monday - Friday, June 11 - 15, 2007
Shuttles from Cambridge Dormitory to Mises Institute 9:30 a.m. Monday - Friday
Shuttles from Mises Institute to Cambridge Dormitory 4:00 p.m. Monday - Friday
 
Registration Monday 9:00 - 10:00 a.m.
Sessions 10:00  - 11:30 a.m. and 2:00 - 3:30 p.m., Central Time
Lunch 11:30 am
 
Thursday pizza party 4:00 p.m. (shuttle leaves at 5:00 p.m. on Thursday)
  • Scarcity, Choice, and Value [Salerno]
    • Greaves, pp. 1-20, 27-54
    • Shapiro, pp. 81-113
    • Taylor pp. 40-51 (Ch. 4)
       
  • Exchange and Demand [Salerno]
  • The Determination of Prices [Klein]
  • Price Controls: Case Studies [Salerno]
     
    Pricing of the Factors of Production and the Labor Market [Klein]
  • Profit, Loss and the Entrepreneur [Klein]
    • Taylor, pp. 74-89 (Ch. 7)
    • Ludwig von Mises, "Profit and Loss"  in Mises, Planning for Freedom and Sixteen Other Essays and Addresses,  pp. 108-30
       

You may register online. Dormitory rooms are available for $35 per person per night double-occupancy or $45 per night single-occupancy. For other Auburn accommodations, go here. For Atlanta-Auburn airport shuttles, see Express85.

Students may apply for tuition scholarships by submitting the online application form along with a copy of student ID and an informal transcript copy. A limited number of travel scholarships are available. This information can be mailed to Salerno-Klein Scholarship Committee, Mises Institute, 518 West Magnolia Avenue, Auburn, Alabama 36832, or faxed to 734-448-8148, or emailed to pat@mises.org.