The Department of Economics has a well established reputation for teaching and research in the Czech Republic and in Central Europe. Its history starts with the history of the Faculty in the early 1950´s. An important event was a change in economic discourse after the Velvet revolution in 1989: attention of research and teaching shifted from economic central planning to modern analysis of market economy. A second important event was fusion of the Department of Macroeconomics with the Department of Economic Theories into one department under the current name. This meant not only a change in formal status, but also started several reforms: transformation of the curriculum to the ECTS system, creation of several new majors with structure corresponding to modern economics programs of anglo-american style (and with modern world-known textbooks) and a growing cooperation with foreign and domestic universities.
There are approximately 30 teachers and researchers participating in our activities, most of them full time. We provide both major and minor programs in economics at undergraduate and graduate level and offer courses in economics at three faculties of the University of Economics, Prague.
Our majors are:
- Economics (undergraduate)
- Economic Analysis (graduate)
- Economic Theory (doctoral)
Our minor is:
- Economic Theory and Analysis (graduate level)
- Economics and Law (graduate level)
- Economics and Psychology (graduate level)
Since 2004 we have transformed all our courses to international standards of ECTS. In order to use modern economic textbooks, work with top international journal papers and to attract international exchange students, we teach several courses in English, with new ones being added every year.
During the month of September 2018, the Department of Economics and the Department of Institutional, Experimental and Environmental Economics were joined. The “new” Department of Economics has thus gained great potential to become an even more reputable workplace both pedagogically and scientifically, both in the Czech Republic and abroad.