Eötvös Loránd University, Department of Econonomics
1117 Budapest, Pázmány Péter sétány 1/a


This course discusses the state of Hungarian economy and the logic of public policies from the perspective of institutional economics. We will focus on the intentions, opportunities and constrains of stakeholders during the study of private and public activities.
The course offers for the participants to
• Become familiar with the analytical and practical toolkit of political and economic analysis.
• Review some important but rarely discussed aspects of Hungarian economy, polity and society.
The first half of the semester will discuss the toolkit of the analysis based on political economy and institutional economics theories. The relation between enterprises and their interaction with the state will be overviewed in the second part of the course. The third part will review some policies (utilization of cohesion funds, development of enterprises, functioning of public sector.)
The course is based on theoretical literature of institutional economics and political economy on the one side. On the other side the material is based on the results of the researches conducted by the fellows of HETFA institute.
Sound knowledge of economic theory and fluent English is required for attendance. The course invites participants for individual and group research activity and active role in debates. It is inevitable due to the topic and approach of the course. We will discuss topics without established academic narratives that inspires for vital debates: What are the main elements of the framework that directs the activity and perspectives of enterprises in Hungary. 

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