Applied Praxeology: Economics
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Applied Praxeology: Economics.
The Logic of Human Action Applied to Markets, Money, and Choice
A Course by Dr. Antony P. Mueller
Presented by The International Mises Academy (IMA)
What if economics wasn’t just about charts, models, and market predictions—but about understanding the logic that guides every human choice?
In this course, economist Dr. Antony P. Mueller opens the door to praxeology—the science of purposeful action. Rooted in the Austrian tradition of Ludwig von Mises, this approach reveals economic laws not by guesswork or statistics, but by logical deduction from one undeniable fact: Humans act.
From this simple truth emerges a complete framework to understand value, money, exchange, entrepreneurship, and even the limits of political power.
💡 What You’ll Discover
• How marginal utility explains real-world value—not prices in isolation
• Why time preference and opportunity cost govern every decision
• What comparative advantage tells us about trade and cooperation
• How money arises naturally (Mises’s Regression Theorem)
• Why monetary expansion distorts markets (Cantillon Effect)
• The role of capital, economic calculation, and entrepreneurial profit & loss
• And why these laws are always valid—because they are derived from the logic of action
đź‘Ą Who Is This Course For?
Whether you’re a complete beginner or a dedicated student of Austrian economics, this course offers a powerful and accessible entry point into one of the most rigorous traditions in economic thought. You’ll walk away with:
• A clearer view of how economies work (and fail)
• Insight into the real causes of inflation, inequality, and crisis
• And the intellectual tools to think independently about markets, money, and society
🧠Why It Matters
In a world filled with noise and opinion, praxeology offers clarity. It helps us understand what cannot be engineered, what must be respected, and why freedom works.
đź“Ś Start Learning Now
Join Dr. Mueller and the International Mises Academy to explore the laws of economics that actually govern human life—and build your foundation in the logic of liberty.
đź”— Enroll now
This course offers a clear and rigorous introduction to the core economic laws derived from praxeology—the science of purposeful human action. Based on the Austrian School tradition, it explores how markets coordinate, how money emerges, why prices form, and how value is created. You’ll learn over a dozen foundational principles, including marginal utility, time preference, opportunity cost, economic calculation, the Cantillon effect, and the role of profit and loss in a free economy. Whether you’re new to Austrian economics or seeking to deepen your understanding, this course provides powerful tools to grasp how the economy truly works—from the ground up.