Understanding How Society Works

An Introduction to the Austrian School of Economics (Seminar)

Understanding how society works features a comprehensive innovative curriculum in Austrian Economics, LIECHTENSTEIN ACADEMY tries to get entrepreneurs, individuals and key opinion leaders in politics, the media, and academia interested. We are not awarding degrees. However, our world-class faculty will grant a degree for the individual modules if successfully mastered. The seminar is designed as a sequence of 8 self-contained modules and thus can be booked individually. To affirm an interactive and open-ended learning environment, we have limited the class size to 20 to 25 students. The instruction will be either in English and/or German. At a later stage, upon request all modules will also be offered in Spanish.

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The contents of the individual modules represent a recommended minimum and thus may be subject to additions and change of emphasis by our instructors.

M1 – Economics
An introduction to the “Austrian School of Economics’

M2 – Philosophy
The methodology and the limits of the social science

M3 – Law
Selected topics in legal theory. The evolution of law, natural law and spontaneous order

M4 – Philosophy
Markets, moral and business ethics

M5 – Economics
Money, banking and behavioral finance; selected topics in monetary-, capital- and business cycle theory

M6 – Politics
Institutional economics and public choice analysis

M7 – Sociology
The problems of demography, immigration issues and social security systems; the illusion of the welfare state’ and alternative models

M8 – Economics
Environmental economics, property rights and the eminent domain problem. Public goods and “the tragedy of the commons’


Download the Course Flyer right here -> Liechtenstein Academy, Course Flyer (PDF, 3.0 MB).

The course will be held in German and English. Designed and Organized by LAF (Liechtenstein Academy Foundation). © All rights reserved by the LIECHTENSTEIN ACADEMY Foundation∙ Herrengasse 12 ∙ FL-9490 Vaduz∙ Tel. +423 235 2881∙ Email: contact@liechtenstein-academy.com