Economic Policy – Field of study catalogue MU
“The State Is Not a Firm.”
The Economic Policy study programme provides an excellent foundation and overview of theoretical and applied economics. Graduates can use and develop the acquired knowledge in the long-term, depending on the current labour market conditions and their employment.
During the study programme, students learn the possibilities and limits of economic policy. They learn how to analyse and predict economic developments, especially in terms of the current problems in the Czech and European economies. For a thorough understanding of current and historical economic developments and economic policies associated with it, students are guided through the historical development and the latest achievements of economic thinking, taught how to use simple but effective tools for quantitative analysis, and are provided with understanding both theoretically and through facilitated analysis and discussion of the fundamental historical current events that have influenced and changed the world’s economic development and its perception. The accuracy of the estimated growth rate of the economy is addressed. Students learn the beneficiaries and casualties of inflation as well as the introduction of the euro or its cancellation. They learn the real source of wealth, and many other less noble but useful facts.
After successfully completing his/her studies the graduate is able to:
- apply advanced methods of scientific work
- show deep comprehension of problems of economic policy and their macroeconomic consequences
- produce a professional style of expression in writing and speaking
- present, write reports, and discuss in English and another world language, both in general and economic terminology
- apply methods of quantitative analysis in addressing advanced economic topics, individually carry out economic model analysis and interpret results for practical purposes
- construct and identify basic econometric models using appropriate estimation methods to solve practical economic problems and to support optimal policy decisions
- comprehend advanced economic consequences of EU membership from both macroeconomic and microeconomic points of view
- work in national and regional administrations, in institutions that prepare the Czech Republic for its role within the EU, in EU institutions, in economic and research departments of banks, and in public and private financial institutions
The Economic Policy study programme educates complex and conceptual public policy makers who can find work in various sectors and branches of the national economy. Graduates can work in national and regional administrations, in institutions that prepare the Czech Republic for its role within the EU, in EU institutions, in economic and research departments of banks, and in public and private financial institutions. Consultancy and information companies and non-profit organization are interested in graduates of the study programme. Students can focus on public administration in the optional courses.
The standard duration of studies is four semesters. For admittance to the final state examination, students must earn a total of 120 ECTS credits for type A/required, type B/selective, and type C/elective courses. Type A/required courses constitute the basis of the discipline and their share is the largest part of credits (including credits for courses focused on writing a Master’s thesis). Students choose type B/selective courses according to their interests and intended professional specialization. The remaining credits can be earned from type C/elective courses offered in the curriculum of the given study programme or from other courses offered by any other study programme. The total minimum number of credits is defined by the study and examination regulations of Masaryk University, the guidance note about the general study requirements, and the current study catalogue. Students can access the study catalogues through the faculty website.
The final state examination in the Economic Policy study programme is oral and has three parts:
- Thesis defence (a projector is available)
- Examination in Economics (student draws one question): questions and methodological guidelines for the exam can be found on the department website
- Examination in Economic Policy: questions can be found on the department website
More information about graduation requirements can be found on the department website: https://www.econ.muni.cz/o-nas/organizacni-struktura/561100-katekonomie/szz-na-ke
After completing the Master’s degree study programme, it is possible to continue further studies in any doctoral degree study programme (after satisfying the admission requirements).