There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

A landlocked country found in the Central Europe region with Hungarian as their official language. The country’s mathematics and science approach are outstanding. It homes the world’s first technology institute. It is here that the first steam engine in Europe was built back in 1722.

A bachelor's degree is given to students who fulfill the necessary requirements given by the college or university they are attending. The requirements include three to seven years of focus on a subject, typically referred to as a major or concentration.