Bachelors in Applied Economics (Economic Development)

VSB - Technical University of Ostrava
3 years
Full time
Bachelor's degree
Scholarships available
On campus
Ostrava
English
Inquire for more information

About this program

Bachelors in Applied Economics (Economic Development)

The aim of the bachelor study is to prepare specialists able to solve practical economic problems independently. Tutors help students understand how the economy works at different levels as well as appropriately select and apply economic policy instruments to achieve the intended changes. As part of their studies in the Applied Economics program, students can further expand their knowledge through internships at foreign universities or gain work experience through internships at home and abroad.

Courses taught

  • Localisation and regional development
  • International Trade
  • Labour Market and Human Resources
  • Project management
  • Economics and Economic Policy

Admission requirements

Criteria for Admission

  • Secondary school-leaving certificate
  • English-language ability – students, who are not native speakers may be asked to demonstrate their ability to study in English, e.g. by presenting the results of any language tests they have taken. English language ability document - minimum requirements: IELTS score 5,0; TOEFL internet-based score 62 (possibly other certificates at the same level).
  • Entrance examination (according to the Faculty Admission Procedure Rules and Conditions for Admission)

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Program content

Semester 1

Compulsory

  • Business Administration
  • Descriptive economics
  • Economics of Public Sector
  • Informatics
  • Law
  • Mathematics A
  • Microeconomics A
  • Physical Education A

Mandatory optional type B

  • German Language 1c / I for EkF (intermediate)
  • Russian Language 1c / I for EkF (intermediate)
  • Business models
  • Demography
  • Financial Management
  • Professional practice

Semester 2

Compulsory

  • Finance
  • Macroeconomics A
  • Management
  • Mathematics B
  • Physical Education B

Mandatory optional type B

  • German Language 1c / II for EkF (intermediate)
  • Russian Language 1c / II for EkF (intermediate)
  • International Monetary Relations
  • Professional practice abroad

Semester 3

Compulsory

  • Economic Policy
  • Economics of European Integration
  • Location and regional development
  • Statistics A

Mandatory optional type B

  • French Language 2a / I for EkF (3
  • German Language 1c / III for EkF (intermediate)
  • German Language 2a / I for EkF (3)
  • Russian Language 1c / III for EkF (intermediate)
  • Russian Language 2a / I for EkF (3)
  • Spanish Language 2a / I for EkF (3)
  • Business models
  • Demography
  • Financial Management
  • Professional practice

Semester 4

Compulsory

  • Fundamentals of Financial Markets
  • International Trade
  • Introduction to economic research
  • Monetary Theory and Policy
  • Public Budgets

Mandatory optional type B

  • French Language 2a / II for EkF (3)
  • German Language 2a / II for EkF (3)
  • Russian Language 2a / II for EkF (3)
  • Spanish Language 2a / II for EkF (3)
  • Economic geography
  • International Monetary Relations
  • Professional practice abroad

Semester 5

Compulsory

  • Advanced Human Resource Management
  • Bachelor seminar A
  • Fiscal Theory and Policy
  • Labor market
  • Project and Grant Management A

Mandatory optional type B

  • French Language 2a / IIII for EkF (3)
  • German Language 2a / III for EkF (3)
  • Russian Language 2a / III for EkF (3)
  • Spanish Language 2a / III for EkF (3)
  • Business models
  • Demography
  • Financial Management
  • Professional practice

Semester 6

Compulsory

  • Bachelor seminar B
  • Bachelor thesis
  • Quantitative methods
  • Soft skills development

Mandatory optional type B

  • Economic geography
  • International Monetary Relations
  • Professional practice abroad

Scholarships & funding

Several scholarship options are available. Please check the university website for more information.

Tuition

Tuition fee: 50 000 CZK per semester, approx. 2000 EUR per academic year

Qualification

Graduate's knowledge

The graduates of Applied Economics bachelor program with specialization in Economic Development acquire extensive knowledge and understanding in the following areas:

  • general economics,
  • economic growth and development, regional development
  • economic policies, with special focus on fiscal and monetary policies,
  • banking and finance,
  • labour market and human resource management,
  • business development,
  • quantitative and qualitative research methods.

Graduate's skills

  • Knowledge of Tax Policy and Subsidies
  • Analytical Skills
  • Knowledge of Economic Policy, Public Administration and Local Government
  • Knowledge of Statistical SW
  • Analysis and Process Modelling
  • Knowledge of Employment Law
  • Knowledge and Analysis of Market
  • Creation of Strategic Analysis and Planning
  • Creation of Advanced Quantitative and Qualitative Analyses
  • Preparation and Implementation of International Projects
  • Knowledge of EU Processes

Graduate's general competence

Graduates gain various skills and competences, such as:

  • interpreting current and past economic development in the framework of modern economic approaches, using appropriate quantitative tools and techniques,
  • understanding and convincing communication about the specific economic problems and formulation of possible measures and economic policies,
  • formulation of own ideas in written and oral form at a high level, and ability to present, discuss and defend conclusions and own opinions,
  • using the knowledge, skills and competences in at least one foreign language,
  • making independent and responsible decisions,
  • coordination of the activities of a team and presentation of the opinions and conclusions

Career paths

Graduate's employment

Graduates of the Applied Economics bachelor program are good candidates for jobs in public administration and self-government entities, in human resources, foreign trade or project and subsidy management.

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About this institute

VSB - Technical University of Ostrava

VSB-TUO’s study programs are built on a 170-year tradition. Currently, there are almost eleven thousand undergraduates and graduates studying for degrees at Bachelor’s, Master’s and PhD levels in engineering, IT, technology, economics and business administration. Courses are provided by seven...


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Why study at VSB - Technical University of Ostrava

Study at VSB-TUO places an emphasis on practical training, whilst investigating real problems from today’s state-of-the-art industries, using the latest software and instruments. In many subjects 50% of the coursework is practically oriented, perfectly complimenting the advanced theoretical instruction, and ensuring that graduates have gained the education and experience sought by employers the world over. VSB-TUO has strong links to industry and thrives on applied research, in cooperation with companies and institutions worldwide, in finding innovative solutions to modern day issues.

Contact info

VSB - Technical University of Ostrava

17. listopadu 2172/15
70800 Ostrava-Poruba
Czech Republic

Phone no: +420597 325 278
www.vsb.cz

Message the school

Want to know more about Bachelors in Applied Economics (Economic Development)? Fill out the following form and we'll pass your details on to a representative from the school, who will respond to your enquiry.

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