The aim of the paper is twofold. First we give a survey of some recent results concerning the asymptotic behavior of the entropy and approximation numbers of compact Sobolev embeddings. Second we prove new estimates of approximation numbers of embeddings of weighted Besov spaces in the so called limiting case.The idea of entropy numbers goes back to the works of L. S. Pontryagin and L. G. Schnirelmann and of A. N. Kolmogorov in the 1930s on the metric entropy of compact sets in metric spaces. The definition of approximation numbers has its roots in D. Eh. Allakhverdiev's paper published in 1957. It is proved there that singular numbers of a compact operator acting in a Hilbert space coincide with a quantities that nowadays are called approximation numbers. The abstract Banach space setting of the topic was given by A. Pietsch who developed the theory of operator ideals and s-numbers. Very important contribution to the subject was provided in 1980 by B. Carl's observation that entropy numbers of a compact operator acting in a Banach space are related to its eigenvalues by a simple inequality.Embeddings between function spaces from the point of view of entropy numbers were first investigated by A. N. Kolmogorov and V. M. Tikhomirov in 1959. They found the asymptotic behavior of the natural embedding of C k ([0, 1] n ) into C([0, 1] n ). Entropy numbers of embeddings of Sobolev spaces were first treated by M. S. Birman and M. Z. Solomyak in 1967. The great impetus to the development of the study of asymptotic behavior of the entropy and approximation numbers of embedding between function spaces was given by D. E. Edmunds and H. Triebel in the 80s and 90s of the last century. They proved several sharp estimates, gave the quasi-Banach version of the theory and 2000 Mathematics Subject Classification: 46E35, 41A46. The paper is in final form and no version of it will be published elsewhere.[309] 310 L. SKRZYPCZAK moreover developed a method of application of the estimates to spectral properties of some elliptic pseudo-differential operators.Recently it has become obvious that the simplest and quite efficient way of studying the asymptotic behavior of both entropy and approximation numbers leads through the discretization of the function spaces. This strategy was used in a series of papers by Th. Kühn, H. G. Leopold,, but also in D. Haroske, H. Triebel [21] and B. Tomasz and the author [44], cf. also [43]. The first step of the method is to reduce the problem from the function spaces level to related sequence spaces. Then one deals with estimates for embeddings of the sequence spaces, using or developing the knowledge about corresponding operator ideals and diagonal operators. Theorems stated in Section 3 can be proved using this method. The strategy is presented in the last section in which we prove one of the theorems of Section 3.