ECONOMIC POLICY - BMEGT30A106

By introducing into the basic notions, principles and context of economic base knowledge, as well as into the logics of economic model building and the state regulation possibilities of the economy, the course enables students to decrypt everyday life economic phenomena and to understand social phenomena in a broad sense.

1. The students know the basic concepts of economics, the logical structure of the basic theoretical models
2. The students know the logic of national accounting, the data that can be obtained from it
3. The students know the operational logic of a market economy
4. The students know the operating principle of the modern finance- and bank system
5. The students are familiar with the concepts and tools of economic prosperity analysis and the concept of Pareto efficiency,
6. The students are familiar with the instrument systems used to regulate the economy
7. The students are familiar with the operational logic, efficiency and limitations of regulatory tool systems
8. The students are familiar with the strengths and weaknesses of the tools used
9. The students are familiar with alternative proposals
10. The students are aware of successful and less successful examples of economic policy.

1. The students are able to apply the market model comparative statically,
2. The students are able to analyze economic processes
3. The students are able to analyze the market-distorting effects of economic policy,
4. The students are able to interpret the short- and long-term effects of economic policy actions
5. The students are able to evaluate the relationship between the institutional system and the applicable economic policy
6. The students are able to evaluate the applied economic policy measures

1. The students collaborate with their instructors and fellow students during the learning process,
2. The students gain knowledge and information,
3. The students are open to receiving information about the economy,
4. The students are aiming to learn about and routinely use the tools needed to solve economic problems,
5. The students are aiming for an accurate and error-free solution,
6. The students are aiming to mainstream economic efficiency in corporate operations.

1. The students independently formulate and solve problems related to micro- and macroeconomic process,
2. The students are open for reliable critical remarks
3. The students use systematic thinking.

Lectures, computational exercises and communication in written and oral form, optional independent and group assignments.

• Halmai Péter (2020): Európai gazdasági integráció (oktató által kijelölt fejezetei), Dialóg Campus, Budapest
• Kutasi Gábor (szerk.) (2025): Gazdaságpolitika: Nyitott gazdaságok gazdasági kormányzása , Ludovika Egyetemi Kiadó
• Bernek Ágnes (2028): Közép- és Kelet-Európa a 21. század geopolitikai/geoökonómiai stratégiáiban, Akadémiai Kiadó

Assessment of the learning outcomes is based on a written mid-semester assessment (comprehensive mid-term assessment) required for obtaining the course signature, and a final written examination during the examination period. The final examination may be replaced by an optional mid-semester comprehensive assessment, through which students may obtain a recommended final grade based on their semester performance. During the 14-week teaching period, students may earn bonus points through occasional homework assignments, in-class tasks, and class participation. The detailed assessment criteria are determined jointly by the course coordinator and the course instructors.

Assessment during the study period is based on a comprehensive written mid-semester assessment evaluating the knowledge, skills, attitudes, and autonomy and responsibility competencies associated with the course. The assessment is administered in the form of a written test consisting of multiple-choice and short-answer questions assessing factual knowledge, the understanding of key concepts, and the recognition of relationships between them, as well as essay-type questions assessing the application of knowledge and problem identification and problem-solving skills. The scope of the course material covered by the assessment is determined by the course coordinator in consultation with the course instructors. Assessment during the examination period is based on a comprehensive written examination evaluating the same learning outcomes. The examination consists of multiple-choice and short-answer questions assessing factual knowledge, the understanding of key concepts, and the recognition of relationships between them, as well as essay-type questions assessing problem identification and problem-solving skills. The scope of the course material covered by the examination is determined by the course coordinator in consultation with the course instructors. Students who successfully complete the compulsory and optional comprehensive mid-semester assessments may obtain a recommended final grade, which exempts them from taking the written examination. Students who do not obtain or do not accept the recommended grade may complete the course by taking the written examination, in which case the final course grade is determined solely by the result of the written examination.

• Comprehensive Mid-semester Assessment 1: 50
• Comprehensive Mid-semester Assessment 2: 50
• Sum: 100

• written exam: 100
• összesen: 100

A prerequisite for obtaining the course signature is achieving at least 50% of the total available points in the compulsory comprehensive mid-semester assessment.

1) A kötelező évközi összegző tanulmányi teljesítményértékelések a szorgalmi időszakban – első alkalommal – díjmentesen pótolhatók vagy javíthatók. Javítás esetén a korábbi és az új eredmény közül a későbbit vesszük figyelembe. 2) Amennyiben az 1) pont szerinti pótlással sem tud a hallgató aláírást szerezni, úgy – szabályzatban meghatározott díj megfizetése mellett – második alkalommal, a pótlási időszakban ismételt kísérletet tehet a sikertelen első pótlás javítására. 3) A nem kötelező évközi összegző tanulmányi teljesítményértékelés nem pótolható és nem javítható, de a hallgató a megszerzett megajánlott jegyet nem köteles elfogadni, illetve amennyiben az aláírást megszerezte, ér-vényes érdemjegyet az írásbeli vizsga sikeres teljesítésével is szerezhet. Ebben az esetben az évközi teljesítményértékelések eredményét a végső érdemjegy megállapításánál már nem vesszük figyelembe. 4) Az írásbeli vizsga a mindenkori Tanulmányi és Vizsgaszabályzat előírásai szerint, a Térítési és Juttatási Szabályzatban előírt díjak megfizetése mellett pótolható vagy javítható. Javítás esetén a korábbi és az új eredmény közül a későbbit vesszük figyelembe.

Consulted with the Faculty Student Representative Committee, approved by the Vice Dean for Education, valid from: 25.08.2026.