Course for international guest/part time students

Faculty

Faculty of Social Sciences

Organization

TÁTK Department of Economics

Code

IRB109

Title

Introduction to economics II.

Usual semester

Spring

Published semester

2025/26/2

ECTS

4

Language

en

Description

The course provides an introduction to the colorful and exciting world of economics. By exploring the fundamental ways of economic thinking, students will gradually learn the most important concepts, principles, and approaches of the subject. The main focus is on presenting, understanding, and modelling some basic economic problems for those who have not learnt economics before. In the spring semester, we will study macroeconomics, which examines processes from the point of view of the whole economy.

Learning outcomes

Short descripition of the course The course provides an introduction to the colorful and exciting world of economics. By exploring the fundamental ways of economic thinking, students will gradually learn the most important concepts, principles, and approaches of the subject. The main focus is on presenting, understanding, and modelling some basic economic problems for those who have not learnt economics before. In the spring semester, we will study macroeconomics, which examines processes from the point of view of the whole economy.

Course content

Course outline (preliminary)   Part One: The Data of Macroeconomics Week 1 Measuring a Nation's Income Week 2 Measuring the Cost of Living   Part Two: The Real Economy in the Long Run Week 3 Production and Growth Week 4 Saving, Investment, and the Financial System; The Basic Tools of Finance Week 5 Unemployment Week 6 Midterm Exam Week 7 Spring Break   Part Three: Money and Prices in the Long Run Week 8 The Monetary System Week 9 Money Growth and Inflation   Part Four: Short Run Economic Fluctuations Week 10 Aggregate Demand and Aggregate Supply Week 11 The Influence of Economic Policy on Aggregate Demand Week 12 National Holiday Week 13 Unemployment and Inflation: The Phillips-Curve Week 14 Final exam

Assessment method

Requirements There are two alternative methods to complete the course: A) Two exams (each for 40 points) during the semester for recommended mark: one midterm in week 7 (covering topics 1-6), and one final exam in week 13 (covering topics 7-11). No make-up exams are possible. B) A comprehensive exam in the exam period for 80 points. Grading 0-39 points: fail (1); 40-49 points: pass (2); 50-59 points: satisfactory (3); 60-69 points: good (4); 70-80 points: excellent (5)

Bibliography

Textbook N. Gregory Mankiw: Principles of Economics, Ninth Edtion, Cengage Learning, Inc., Boston MA, 2021 (previous editions are equally good).

Programmes of the course