ECONOMICS I. - BMEGT30A003

The objective of Economics I. is threefold. First, to familiarize students with the most important concepts and analytical tools of economics. Second, to introduce students to the practical application of these concepts and tools. Finally, building on this knowledge and these skills, the course aims to provide a comprehensive economic perspective that enables students to navigate current issues in both the microeconomic and macroeconomic spheres of the economic environment.

1. The student is familiar with the generally used conceptual framework of economics.
2. The student is familiar with the market model.
3. The student is familiar with the concepts and tools used in the analysis of economic welfare, as well as the concept
4. of Pareto efficiency.
5. The student is familiar with the different types of demand and supply elasticity.
6. The student is familiar with the intratemporal model of the rational decision-maker.
7. The student is familiar with the model of intertemporal choice.
8. The student is familiar with the economic model of the production sector.
9. The student is familiar with the simpler types of market structures.
10. The student is familiar with the Edgeworth box of exchange.
11. The student is familiar with and understands the characteristics and significance of different types of market

1. The student is able to apply comparative statics to the market model.
2. The student is able to conduct welfare analysis of economic processes.
3. The student is able to analyze the market-distorting effects of economic policy.
4. The student is able to classify goods based on their demand elasticity.
5. The student is able to perform economic calculations based on demand and supply elasticities.
6. The student is able to determine the potential impact of economic and institutional changes on the decisions of
7. economic agents.
8. The student is able to perform simple present value calculations.
9. The student is able to make simple comparisons between market structures.
10. The student is able to comprehensively evaluate external economic effects.

1. The student cooperates with the instructor and fellow students in the process of expanding knowledge.
2. The student continuously expands their knowledge through ongoing learning.
3. The student is open to the use of information technology tools.
4. The student strives to become familiar with and routinely use the tools required for solving economic problems.
5. The student strives for accurate and error-free task completion.
6. The student strives to understand and apply different economic approaches and perspectives.

1. The student independently analyzes and solves microeconomic tasks and problems based on the given sources.
2. The student is receptive to well-founded critical remarks.
3. In certain situations, the student cooperates with fellow students as part of a team in solving tasks.
4. The student applies a systems-oriented approach in their thinking.

Lectures, calculation exercises, written and oral communication, the use of IT tools and techniques, optional individual and group assignments, and work organization techniques.

• Varian, Hal R. (2016). Mikroökonómia középfokon: Egy modern megközelítés. Budapest: Akadémiai Kiadó.
• Varian, H. R. (2010): Intermediate Microeconomics: A Modern Approach. W. W. Norton & Company. New York. London
• Berde Éva (szerk.): Mikroökonómiai és piacelméleti feladatgyűjtemény. TOKK, Budapest, 2009.

The assessment of the learning outcomes defined in Section 2.2 is based on a summative performance evaluation conducted during the examination period (written exam). During the study period, a grade may be obtained through the successful completion of two midterm tests. The unified assessment principles and the course materials forming the basis of the evaluation are jointly determined by the course coordinator and the course instructors.

obtained by completing two midterm tests. A preliminary grade can be awarded from a minimum combined performance of 50%, into which bonus points earned during classes may be included. During the 14 teaching weeks, bonus points may be earned through occasional homework assignments, in-class tasks, and classroom activity. The unified assessment principles are jointly determined by the course coordinator and the course instructors. B. Performance assessment during the examination period (examination) The components of the examination are: Written assessment: The summative performance assessment covers the testing of knowledge and understanding of the required concepts and tools, as well as the evaluation of students’ competencies through the solution of simple economic problems.

• 1st midterm test for an offered grade (optional): : 50
• 2nd midterm test for an offered grade (optional):: 50
• Sum: 100

• written exam: 100

There are no requirements for obtaining the signature.

The written examination may be retaken or improved in accordance with the provisions of the current Code of Studies, subject to the payment of the fees prescribed in the Regulations on Student Fees and Benefits. In the case of retakes, the later result shall be taken into consideration from among the previous and the new results. Assessment opportunities related to the offered grade, as well as assignments issued during the semester for extra points, cannot be retaken or improved, given their non-mandatory nature.

Consulted with the Faculty Student Representative Committee, approved by the Vice Dean for Education, valid from: 04.05.2026.

To achieve the learning outcomes defined in Section 2.2, the course consists of the following thematic blocks. In the syllabi of the courses announced in each semester, these thematic elements are scheduled according to the calendar and other relevant circumstances.