Per Bylund har under vårterminen undervisat en kurs i österrikisk ekonomi på Oklahoma State University. Han har postat tenta på Twitter och vi återger den här. Testa dig själv – hur mycket kan du om österrikisk ekonomi?
Vi kommer posta svaren så fort de finns tillgängliga (och Pers kurs är avslutad).
- Explain why diminishing marginal utility is necessarily and always true.
- Explain why money is not neutral.
- Explain why consumption spending does not drive employment.
- Explain how money emerges from a barter economy.
- Explain the “paradox of savings,” how reduced consumer spending leads to economic growth.
- Explain why an economy without private property of capital is impossible.
- Explain the structure and meaning of the Evenly Rotating Economy (ERE) and what it allows us to explain.
- Explain the difference between the praxeological concept of entrepreneurship and the “promoter.”
- Explain what Austrians mean by rivalrous competition.
- Explain the price mechanism as a solution to the knowledge problem.
- Explain the role of the firm in the market process.
- Explain how expansion of credit leads to a boom-bust cycle.
- Explain “Say’s Law” and why it is core to understanding a market economy.
Kursplanen finns här: