Yes, it is just a yarn over. If you knit English style just bring the yarn to the front between the needle tips and knit the next stitch from there. It can be done; and it will automatically make the yarn over for you.
If you knit Continental, bring the yarn to the front between the needles, then what I do is hold it against the top of the RHN with my right index finger. The yarn is kind of behind again and feels more like a regular knit than it might with English knitting. Yarn over formed as you knit the next st.