Prof. Dietmar Meyer, CSc, full professor, head of department, Department of Economics

Zoltán Bánhidi, assistant teacher, Department of Economics

This course is primarily designed as an introduction to economic theory for undergraduate students pursuing a bachelor’s degree in engineering. The aim is to allow students to understand today’s economic environment. After having finished the course, students should understand the key concepts of micro- and macroeconomics (e.g. opportunity cost, supply and demand, market equilibrium, competition, unemployment, prices and exchange rates etc.), master a basic set of tools of economic analysis and demonstrate the ability to apply them to simple practical problems. Both the course and the recommended textbook are accessible to students without a strong mathematical background. We do not use integral calculus and the most important ideas are also demonstrated in graphs.