ICT engineers, designing and offering ICT services, face questions about SLAs, vendors, suppliers, the financial aspects of ICT services - how much the service should be priced, why exactly that much , how much are the costs, how much they are allowed to cost, etc.. The areas that need to be introduced are budgeting, bookkeeping, pricing, financial planning, financial analysis and reporting. This course has the task of helping them to master these areas through a description of the underlying economic models; demonstrating how these models work; description of the main economic phenomena using economic models.