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Minimum wage is a tool for regulating the labor market that, over the long term, causes controversy in the areas of both economic theory and practice. The goal of this paper is to present and analyze key theoretical economic approaches to the functioning of the labor market and the tools used to regulate it. These regulatory tools significantly influence the labor marketВ’s allocative efficiency, and we generally consider the institution of minimum wage to be fundamental part of this trend. Therefore, in this pape...

The article deals with the National Qualifications Framework tertiary education in the Czech Republic and its implementation. The theoretical part of the article deals with so-called descriptors. These descriptors are outputs from learning and we use them to describe general abilities, knowledge and skills, which students learn in given subject. The aim of the practical part of the article is to present the way of solutions and outcomes of the project В„The innovation of Microeconomics course with a focus on the c...