FACULTY of ECONOMICS UNIVERSITY of BELGRADE

FACULTY Of ECONOMICS UNIVERSITY OF BELGRADE

75 yearsTRADITION AND DEVELOPMENT

www.ekof.bg.ac.rs

75 godina Publisher University of Belgrade, Faculty of Economics Kamenička 6, phone 3021-045, fax 3021-065 www.ekof.bg.ac.rs E-mail: [email protected]

For Publisher the Dean Prof. Marko Backović, PhD

Editor Prof. Božidar Cerović, PhD

Graphic design ČUGURA Print - Beograd [email protected]

PrePress, Press, Postpress ČUGURA Print - Beograd www.cugura.rs

Circulation 700 copies

Year 2012

ISBN: 978-86-403-1242-4 Faculty of Economics 75 years Contents

FIGURES...... 11

A BRIEF HISTORY ...... 13

MISSION...... 18

TRADITION...... 22 Beginning (1937-1941)...... 22 War (1941-1944)...... 25 Resumption of the HSEC Activities and the Founding of the Faculty of Economics (1944-1951)...... 28

GROWTH ...... 30 Towards a Modern School (1952-1967)...... 30

DEVELOPMENT (TOWARDS THE END OF THE CENTURY)...... 37 Development of Study Programmes...... 39 Undergraduate level (BSc)...... 39 Master level (MSc or Magisterium)...... 42 Doctoral level (PhD)...... 42 Developing working conditions...... 43 Students...... 44

THE EVE OF 21ST CENTURY...... 47 The nineties...... 47 Revival...... 48 Governance and Organization...... 52 Teaching...... 54 Enrolment ...... 56 Entrance Exam...... 57 Benchmarking ...... 58 Teaching Standards and Quality Control...... 58 Student Survey (Evaluation)...... 59 Graduate (Master) Studies...... 60 Master Study Programmes...... 60 International Master Courses...... 61 Doctoral Studies...... 63 Research...... 63 Journals...... 65 Scientific Society of Economists in Serbia (NDES) and the Faculty of Economics...... 66 Library...... 67 Publishing Centre – CID...... 68 Information Technology Centre – CIT...... 70 International Cooperation ...... 72 Career Advice Centre...... 77 Marketing and Public Relations Centre...... 77 The Foundation of the Faculty of Economics...... 78 Students and Student Organizations...... 78 Student Parliament...... 79 The Student Federation of the Faculty of Economics...... 80 The Student Union of the Faculty of Economics...... 80 The AIESEC at the Faculty of Economics...... 81 Marketing Workshop...... 82 Sports Club...... 82

TEACHERS...... 84

DEANS AND VICE-DEANS OF THE FACULTY OF ECONOMICS...... 119

PRESIDENTS OF THE COUNCIL OF THE FACULTY OF ECONOMICS...... 124 The First… the first higher educational institution in economics in Serbia founded in 1937 …and the One the most prominent in the country committed to excellence and modern knowledge Modern Education… …in the School with Tradition 10 THE FIRST AND THE ONE FIGURES

1937 March, 31, established

42.983 students graduated from the Faculty (BSc)

2885 Master degrees

740 PhD degrees

16 study programmes

7500 students

137 permanent teachers

30 part-time assistants (Master and PhD students and others)

20 part-time professors from the University of Belgrade

25 foreign visiting professors

73 administrative staff

45 amphitheatres and halls

450 computers

15 servers

3 reading rooms and library

2 cafeterias – student and professors

1 restaurant

2012 March 31, 75 year jubilee

FIGURES 11 Belgrade, 1939, Terazije Sq. A BRIEF HISTORY

1937 1947 Higher School of Economics and Commerce (HSEC) HSEC transformed into the Faculty of Economics be- founded in Belgrade coming a part of the University of Belgrade

1938 1950 Founding of the first educational and research centre First Inter-Faculty Conference of the Yugoslav Eco- within the HSEC – Technological Institute, specialized nomic Faculties held at the Faculty of Economics in in the technological aspects of commodities Belgrade

1939 1951 HSEC was authorized to award PhD Degrees New curriculum adopted

1941 1952 First PhD thesis defended at HSEC First PhD thesis defended at the Faculty War: suspension of teaching activities due to the oc- Institute for Economic Research founded within the cupation of the country Faculty Faculty moved to the new building (present premises) 1942 The occupying authorities merged the HSEC with the 1953 Law Faculty in Belgrade; the School becomes Eco- First Office of AISEC (International Association of nomics Department. A number of professors refused Business and Economic Students) in the country to apply for re-election and left the School opened at the Faculty: the beginning of international student exchange 1944 Liberation of Belgrade 1955 Only five professors remained from the pre-war pe- First issue of the journal Ekonomski anali (Economic riod at the School (the Economics Department of the Annals) published Law Faculty) 1956 1945 First foreign student defended a PhD thesis at the Fac- Higher School of Economics and Commerce resumes ulty its activities

A BRIEF HISTORY 13 1958 1968 Innovation of the curriculum: two educational pro- Huge students’ demonstrations in Belgrade; one- files: (A) Economics and (B) Economics of Enterprises week suspension of all teaching activities in June

1960 1970 Beginning of the MSc Studies (magisterium) offering New educational profile introduced – Organization five programmes: Economic Development, Market Science and Market Trends, Economics of Enterprises 1, Eco- 1972 nomics of Enterprises 2 and Operations Research) New educational profile introduced – Transport and The Faculty founded a new Department in the city of Tourism Kragujevac First Student-Vice dean was elected (a new form of 1961-1962 students’ participation) Construction of three new, modern amphitheatres 1974 (A1, A2, A3; total seating capacity: 840) Founding of the Centre for Scientific Research of the 1962 Faculty of Economics (NICEF) First MSc thesis defended 1975 New curriculum; two educational profiles: Economics Department in Kragujevac ceases to operate; instead, and Business Economics the Faculty of Economics of the University of Kraguje- 1965 vac founded (until then, 929 students graduated from First foreign student defended a MSc thesis at the Fac- the Department and 910 students completed the ulty first-level studies)

1966 1976 New curriculum offering five educational profiles: New curriculum offering three educational profiles: Economic Policy and Planning, Statistics and Cyber- Economics, Business Economics and Statistics and netics, Firms and Organization, Finance and Account- Cybernetics (with several modules to choose) ing, Foreign Trade 1977 1967 One-semester courses for most subjects introduced Faculty’s Documentation Centre founded as a sepa- First standards for students’ learning load adopted rate organizational unit (based on the number of teaching hours per week) Faculty became the principal higher educational insti- Extension of the Faculty building: two new amphithe- tution in Statistics and related PhD programmes atres and 8 lecture rooms

14 THE FIRST AND THE ONE 1978 1994 Extension of the Faculty building (seventh floor) with One-year Specialist postgraduate programmes intro- 20 teachers’ offices and a cafeteria duced (in addition to MSc courses)

1980 1995 Founding of the Computer Centre; the first computer All teachers’ offices and two lecture rooms equipped (Honeywell-6/43) with 4 terminals acquired with personal computers (PC AT 486)

1984 1996 The 1000th MSc thesis defended at the Faculty Internet link established through the academic network of the Belgrade University Electronic Computer 1985 Centre Beginning of cooperation between the Faculty of Eco- nomics and the School of Business, New York State 1996-1997 University at Albany introduced by the first joint con- Massive student and civic protests sparked off by the ference on Comparative Management Systems non-recognition of the election results (December- February) 1987 New curriculum with seven educational profiles: Eco- 1997 nomics; Marketing; Corporate Finance and Account- Faculty obtains its domain: www.ekof.bg.ac.yu (from ing: Foreign and Domestic Trade; Finance, Banking 2010: www.ekof.bg.ac.rs ) and Insurance; Tourism, Economic Statistics and In- 1998 formatics New Law on Higher Education adopted in Serbia lim- One-semester courses for all subjects introduced iting university autonomy 1989 Despite protests, the Dean of the Faculty appointed Publishing Centre (CID) founded as a separate operat- by the Government ing unit of the Faculty 1999 1990 Bombing of Belgrade; the Faculty suspends its activi- First TEMPUS project coordinated by the Faculty of ties for three months Economics 2000 1992 New curriculum adopted with 9 educational profiles Sanctions imposed by the EU and UN; suspension of 2001 international projects and cooperation Preparation of new syllabi for all teaching subjects Belgrade University students request Slobodan Reintroduction of the students’ survey as part of the Milošević to resign; signing of the petition at the Fac- evaluation system ulty of Economics

A BRIEF HISTORY 15 Founding of the Centre for International Studies and nomics, jointly with Sophia Antipolis University, Nice, Cooperation in French First elections for the Student Parliament of the Fac- 2002 ulty Introduction of the new (the first international) Spe- Economic Annals obtain the first International Edito- cialist Postgraduate Programme in Finance rial Board New International Master in Management and Eco- nomics – in cooperation with the HEC (Hautes études 2007 commerciales), Paris Accreditation of the Faculty (according to the new standards) as a scientific and research institution 2003 Opening of a new video conference hall Introduction of distance learning Academic Council adopts the European Credit Trans- 2008 fer System (ECTS); curricula and syllabi adjusted New PhD programmes in Economics, Management The Faculty hosts the Second International Confer- and Statistics (180 ECTS) introduced; the first genera- ence of the Association of South Eastern Europe Eco- tion of doctoral students enrolled nomic Universities (ASECU) Revision of Master Programmes: 8 in Serbian, 2 in Career Advice Centre established at the Faculty English and 1 in French

2004 2009 The Faculty hosts the Seventh International Confer- Accreditation of the Faculty (according to the new ence of the European Association for Comparative standards) as a higher education institution in Eco- Economic Studies (EACES) nomics Economic Annals assessed as the best economic jour- 2010 nal in the country (by the international standards) First MBA course established jointly with Texas A&M 2005 University Commerce Opening of a new lecture room with 45 computer 2011 units; 25 lecture rooms provided with new video Another journal of the Faculty emerged: Ekonomske equipment ideje i praksa (Economic Ideas and Practices); the first Renovation of the amphitheatres issue published The Foundation for the Advancement of Economics (FREN) established

2006 MSc programmes transformed into one-year Master ones (60 ECTS points); 16 programmes in Serbian, 2 in English; a new international Master in Macroeco-

16 THE FIRST AND THE ONE Belgrade, 2012

A BRIEF HISTORY 17 MISSION

Faculty of Economics – University of Belgrade THE

ounded in 1937, our school takes as its primary objective to disseminate knowledge, develop scientific disci- Fplines and provide students - future experts - with the knowledge, personal and core skills necessary for the requirements of contemporary economic development of a market economy.

n doing so we are committed to follow and develop the highest standards in providing an outstanding train- Iing for future economic analysts, managers, financial experts, bankers, auditors, economic policymakers, economic statisticians and researchers.

esearch work at the Faculty aims to attain the highest standards of excellence in economic sci- Rence, which is already confirmed within the country but should be expanded to an international level

ticking to these principles we focus on promising future: S

he Faculty will maintain high standards… T

THE FIRST…

18 THE FIRST AND THE ONE ...AND THE ONE

high quality in all aspects of its work through further investment in human capital – members AND of the academic staff of the Faculty.

Faculty wants to progress further heading to its first centenary. THE

ne of our goals on the way is to make close associations with institutions and organizations around the Oworld, and to become internationally renowned for the quality as one of the leading centres in teaching and research within economics and business management in South East Europe.

owadays and for long, the Faculty has a recognizable impact on Serbian economy and society, thus it de- Nvelops and maintains dynamic partnerships with other institutions of higher education in Serbia, as well as with the professions, public bodies and private enterprises.

xtending our commitment to the students, alumni and colleagues, we endeavour to keep, flourish and de- Evelop the high standards of excellence in professional work, striving to contribute to the progress of our profession and to the economy of our country.

MISSION 19

The path we have passed

New Belgrade Fairgrounds, 1937 21 I TRADITION

Beginning (1937-1941)

In the Kingdom of Yugoslavia higher education in economics was mainly provided at law faculties, where some economic subjects were studied. The only higher school in economics and commerce operated in Zagreb (Croatia) since 1925. In Serbia, the Law Faculty of the University of Belgrade organized postgraduate courses in economics, including doctoral ones.

The relatively underdeveloped economy of the King- dom of Yugoslavia was hit hard by the great economic crisis of the 1930s. The recovery from this crisis, economic revival, new economic policy measures and the Belgrade, 1936, Theatre Sq.

Under the Ministerial Council Decree, the aim of the School was “to provide professional education in the fields of economic, financial and commercial sciences, to impart theoretical, scientific and professional knowledge to students required for public (self-government) service and free academic titles (business advisor, auditor), and to prepare candidates for teaching the economic-commercial and business-legal subjects.” Belgrade, 1939, Terazije Square

22 THE FIRST AND THE ONE Belgrade, 1939, aerial photo

I TRADITION • Beginning (1937-1941) 23 evolution of economic thought in the world showed the modest number of higher education institutions that the hitherto education in economics was insuf- in the pre-war Yugoslavia (24), it was regarded as an ficient and that it should be at a higher level. important educational institution from the very beginning. The Higher School of Economics and Commerce (HSEC) in Belgrade was founded on 31 March 1937 aim- Since the very beginning, the HSEC was very popular ing to upgrade higher education in economics and among young people, since it brought new, modern enhance the economic profession. The School was knowledge into a relatively underdeveloped economy. founded by the Decree having the force of law, on 31 For that reason, a great number of students enrolled March 1937, in accordance with the Financial Law and in the School as soon as it was founded. It is remark- was approved by the Ministerial Council. able that its students participated in various students’ actions, jointly with their colleagues from Belgrade The HSEC was ranked as a university faculty. Given

Belgrade, 1939, Knez Mihailova Street

24 THE FIRST AND THE ONE University, soon after founding of the School.

Thus, in 1939, they took part in a number of massive anti-fascist demonstrations in Belgrade. During these events, Bosiljka Milićević, the Bosiljka Milicevic HSEC student, was bad- ly wounded and lost her life. Her bust stays now in the entrance hall of the Fac- ulty of Economics. This marks the beginning of broad- er social engagement of the students of economics, which found its full expression during the war and in the post-war period, in reconstruction of the country, in the development of its economy, as well as in the protests, especially those in 1968 and during the 1990s.

War (1941-1944)

The war erupted in Yugoslavia in April 1941. Shortly, the country was occupied and divided into several sectors and other entities. The higher education institutions in Serbia actually ceased to operate.

At the very beginning of the occupation, the Universi- ty resisted the attempts of the authorities to carry out the so-called University reform. Nevertheless, most solutions granting large powers to the Ministry of Education and limiting university autonomy were imposed. By a special Decree, the HSEC became part of the Law Faculty as its Economics Department (March Belgrade, Balkanska 4, the first premises of the HSEC

I TRADITION • War (1941-1944) 25 1942). However, just like some did not want to within the whole Uni- apply when a large, versity, teaching was open competition was not carried out regularly; announced in 1942 with except for some exams the aim to “purify” the yet not regularly and un- University from “na- der special conditions. tionally unreliable elements”. Thus, some of Despite the attempts of the renowned teachers Prof dr Aleksandar Jovanovic the occupying authori- Ljubomir Bajalovic (among them acad- ties and the collabora- emician Mijo Mirković, professors N. Konstandinović tionist Government in Serbia, regular teaching were and Lj. Bajalović) did not want to apply for a position not resumed throughout the war period. The Uni- and resigned and some were pensioned off (Prof. A. versity staff was significantly reduced, because many Jovanović and some others). teachers retired or were dismissed, although some new ones were appointed pursuant to the decisions Academician Mijo of the authorities. Mirković (1898-1963), Some teachers at the HSEC stopped to work and Professor at the HSEC in Belgrade and several Yugoslav Universities before and after World War II and a member of the Yugoslav Academy of Sciences and Arts in Zagreb, was a unique intellectual figure. He was educated in Zagreb, Belgrade, Frankfurt, Berlin and Bratislava. He received his PhD degree in Economics in Frankfurt, in 1923. Apart from being a renowned scientist, he was a distinguished poet and author, known under the pseudonym Mate Balota. After the war he was a member of the Yugoslav delegation to the Paris Peace Conference. Belgrade, April 1941

26 THE FIRST AND THE ONE Occupation and repression provoked resistance not National Heroes from HSEC only among teachers but, even more so, among students. Very soon after the occupation of the country, a great number of students took an active part in liberation movement. Among the students of the Higher School of Economics and Commerce who participated in the war, three were proclaimed national heroes and another 32 students were killed in combat, in the resistance movement, or in concentration camps.

Mite Bogoevski (1919-1942) Djurdjina – Djina Vrbica (1913-1943)

Vladimir Perić – Valter (1919-1945), student of the HSEC from October, 1939. He joined the National Liberation War in 1941. He was engaged in covert work in Sarajevo until the beginning of 1942, when he joined the Sixth East Bosnian Brigade. Early in 1943, he was called upon to do a covert work in Tuzla and in the summer of 1943, he returned to Sarajevo and was also involved in covert operations. He was killed while protecting the electric power plant during the liberation of Sarajevo, in the night between 5 and 6 April 1945. As one of the bravest and most prominent members of partisan intelligence, Valter became a legendary figure already during the war. His courage and boldness inspired a popular movie Valter defends Sarajevo. Faculty of Economics, Memorial of HESC students killed in antifascist war

I TRADITION • War (1941-1944) 27 Resumption of the HSEC Activities and the Founding of the Faculty of Economics (1944-1951)

After the liberation of Belgrade (20 October 1944), the demand for educated economists, who would take part in the reconstruction of the country, called for the fast revival of the HSEC. The first cohort of students was enrolled in the academic year 1945/46 already. The School resumed its activities with great difficulty, which implied the preparation of the curricula, recruitment of teaching staff and the provision of premises.

Belgrade, October 1944, Liberation

It turned out, however, that it was necessary to do much more for the further advancement of higher economic education. Thus, the HSEC was soon transformed into the Faculty of Economics.

By a decree of the Serbian Government in 1947, the HSEC was transformed into the Faculty of Econom- ics, which became part of the University of Belgrade.

Belgrade, 1945, Terazije Sq. Belgrade, October 1944, Liberation

28 THE FIRST AND THE ONE The first elected Dean of the Faculty of Eco- nomics was Radivoj Uvalić (1912-1971). In the environment without a great tradition in economic science, he brought together scarce educated economists, Prof. Radivoj Uvalić increased teaching staff and organized scientific work. Apart from the Fac- ulty of Economics, Prof. Uvalić was the initiator and founder of the Serbian Association of Economists, the first economic theory journal Ekonomist and the first economic research institute. He was a Corresponding Member of the Serbian Academy of Sciences and Arts.

University of Belgrade, the Rectorate

I TRADITION • Resumption of the HSEC 29 II GROWTH

Towards a Modern School (1952-1967)

In the mid-1950s, the Yugoslav economy was char- age annual growth rate reached 8% in the period 1953- acterized by fast economic growth and significant 62, which was characterized by changes in the system changes in its institutional system. Although in the directed at decentralization and enterprise autonomy period 1946-52, which was characterized by the cen- and self-management. tralized government control of the economy, the Although it was still under considerable government’s growth rate of GDP was only about 2% (partly due to influence, the economic system switched from the the country’s blockade by the Soviet Union), the aver- Soviet-type, centralized decision-making to the new form of business organization, that is, the self-man- aging (or labour-managed) firm. With the increasing autonomy of enterprises in their operations, management and decision-making, the new institutional system needed an increasing number of highly educated economists. This was in line with the fast development of all educational forms and levels in the country, including higher education.

Higher education in Yugoslavia (1938-1962) Number Higher Year of Male Female schools students 1938/39 24 16700 12900 3800 1957/58 66 70800 50300 20500 1961/62 113 117100 82700 34400

Source: Material and Social Development of the SFR Yugoslavia, Federal Statistical Office, Belgrade, 1973. Belgrade, Square of the Republic in the 1960s

30 THE FIRST AND THE ONE 700 (1959/60 – 432; 1961/62 – 564; 1962/63 – 747; 1963/64 The testimony of Obrad Vidojević, PhD, who – 710; 1964/65 – 660). enrolled in the HSEC in 1938 and graduated The number of teachers was also increasing. In con- from the Faculty of Economics trast to 1947, when teaching activities were carried In the immediate post- out by only 22 teachers and teaching assistants, while war period, when I was 15 on part-time basis, their number already doubled a student, we took part in the mid-1950s. In the early 1960s, the Faculty had more than 100 teachers and teaching assistants em- in the construction of ployed. At that time already, many of them belonged the building in which to the generations of students who graduated from you are now studying the Faculty of Economics in Belgrade. with our bare hands. In 1952, the Faculty of Economics moved to the new When we heard that building in which it is still located. In the immediate the Faculty building would be constructed, post-war period, the HSEC resumed its teaching ac- we spontaneously found its site and rushed tivities at 4 Balkanska Street but in 1947 and as a new to it. We, including my future wife and myself, faculty within the University of Belgrade, it moved to the Law Faculty premises. The lasting solution was formed a line and began passing bricks, sand and found in 1952 – before the end of the year, the Faculty gravel from one to another… And then we were moved to the new building. driven away by tradesmen, because this became dangerous due to the height… Something within us was burning with the desire to see our building one day.

From the interview for the student journal MonopolList, No. 47/2006.

Under fast economic growth of the country, the Fac- ulty of Economics also recorded dynamic development. The number of students was steadily increasing, so that in the early 1960s, the Faculty had over 5000 students. Nearly 3000 were regular students, while about 2000 were part-time students, who worked while studying. The number of graduate students also increased each year, thus reaching 600- Belgrade, Terazije Sq. in the 1950s

II GROWTH • Towards a Modern School (1952-1967) 31 Since the new building specialization and advanced training to the most-re- was not purpose-built nowned foreign faculties and universities, including for an educational insti- the Universities of Cambridge and London, Harvard, tution it had to undergo Berkeley, Sorbonne, as well as other renowned higher many improvements in education and research institutions (Brooking Institu- the subsequent years. tion), or special seminars (Salzburg Seminar, etc.). The major work was car- The first PhD thesis was ried out in 1961 and 1962, M. Korać, future professor, wearing the defended at the Faculty toga at the University of Cambridge, when three large amphi- 1953/54. of Economics as early theatres were added to as 1952 (Mirko Dautović, the building. later a professor at the The Faculty pursued an active and dedicated policy Faculty of Economics). and investments in the development of its human re- Since 1953, the number sources. In the immediate post-war period, the Fac- of PhD candidates and ulty made an all-out effort to bring together as many M. Dautović defended PhD disserta- renowned and experienced economists as possible. tions has been stead- It also invested a lot in the advanced training of its ily increasing. Among new PhD degree holders in best students and teaching assistants. As early as the Economics there were many future professors at the 1950s many of its future teachers were often sent for Faculty of Economics in Belgrade. This points to the attitude of the Faculty of Economics, as a relatively young school yet concerned with a relatively young academic discipline, towards the creation and development of its junior teaching staff, that is, its new and powerful teaching base, as it will be soon realised.

However, during that period, many other renowned economists and professors outside Belgrade also obtained PhD degree from the Faculty, including M. Djurović, later a professor at the University of Monte- negro and academician, H. Hadžiomerović, professor at the University of Sarajevo and academician (Bosnia and Herzegovina), I. Perišin, professor at the Univer- sity of Zagreb and academician (Croatia), N. Uzunov, professor at the University of Skopje and academician B. Šoškić, future professor (with a camera), at the Salzburg Seminar in the late 1950s. (Macedonia) etc.

32 THE FIRST AND THE ONE Faculty of Economics, Kamenička 6, early 1960s

In the 1950s already, PhD dissertations at the Faculty were also defended by foreign candidates. The first foreign student to defend a PhD thesis was Amaiso Foli Prosper (The State and Problems of Agriculture in African Countries /Tropical Africa and Kongo/ with a Comparative Survey of Agricultural Development in Yugoslavia) and was shortly after followed by Aung Tein from Burma (Myanmar) and many others: with the development of the Faculty, the number of foreign PhD candidates – mostly from the third world countries – was steadily increasing.

Doctoral Degree Awarding Ceremony at the University of Belgrade in 1954 (the third and fourth to the right: B.Šoškić and S. Novaković, future professors at the Faculty)

II GROWTH • Towards a Modern School (1952-1967) 33 ditional profiles were added: International Economic Relations, and Accounting Analysis of the Firm; Agri- cultural Economics; Transportation Economics.

Undergraduate curricula underwent significant changes until the mid-1950s. Until the academic year 1956/57, the Faculty adopted the new curriculum. It defined more precisely the areas of specialization offered (which was only partly realized through the previous curriculum). Under the new curriculum, teaching was divided into two basic groups – group A, which dealt with macroeconomic and theoretical issues, and group B, oriented to economics of firms, Faculty of Economics, calssroom, 1960s organization and management. Master Studies (magisterium) have also been introduced at the Faculty of Economics in this period. They Since 1958, two programmes were offered – Econom- have been introduced by the academic year 1960/61. ics and Enterprise Economics – while the number of Upon their completion, the students acquired the exams was slightly reduced so as to ensure more ef- MSc (MPhil) Degree in Economics.

The first such studies in 1960 were structured in five educational profiles and aroused great interest in the first year already: Economic Development (42 enrolled students); Market and Market Trend Analysis (16); Business Economics 1 (24); Business Economics 2 (34); Operations Research (28). Altogether there were 144 enrolled students.

These data point to the pretty modern approach of the Faculty, which was geared to the programmes with significant applicative potentials. One can also observe the market orientation of postgraduate studies. At that time, the main task of the MSc programmes was to create new, junior scientists and orient them toward scientific and analytical work, as well as to prepare young experts to enter government

and business careers. Until the mid-1960s, several ad- Faculty of Economics: Department in Kragujevac, 1960s

34 THE FIRST AND THE ONE (b) to acquaint the students of all educational profiles with the operations and management of enterprises and (c) to ensure a higher level of specialization and a higher level of practical skills. The new curriculum became effective in 1966.

The Faculty also expanded its activities outside Bel- grade. In 1960, it opened a department in Kragujevac. The objective was to uphold the demand for highly educated economists in that city, which was a strong economic centre at that time. The Department operated until the founding of the Faculty of Economics in Kragujevac at the end of 1975, to which the teachers Kragujevac, 1960s from Belgrade continued to provide assistance in the ficient and shortened length of study. This curricu- following years. Before it ceased to operate, the stud- lum was upgraded during the subsequent years and ies were completed by 929 graduate economists and the major changes took place in 1962 when two-level 910 economists with a first-level diploma. teaching was introduced. It was aimed at speeding up the preparation of students for business careers, low- Research. Since the very beginning, the teaching ering the costs and ensuring a more rational employ- staff has been guided by the principle that the Faculty ment of experts. Two-level teaching meant two-year is not only a higher education institution providing teaching at the first level and two-year teaching at the second level but only within the Enterprise Eco- nomics profile (the Economics profile retained four- year courses).

The evaluations of the Faculty bodies regarding new organization were not fairly favourable: there was a much greater number of students opting for four- year studies and it turned out that some important and fundamental economic disciplines were omitted (specialization and skills preceded the acquisition of basic knowledge). This resulted in the preparation of a new curriculum, which was based on several basic principles: (a) to provide all students with compre- hensive basic knowledge in the field of economics, Kragujevac in the 1960s

II GROWTH • Towards a Modern School (1952-1967) 35 education in economics, but also a scientific institu- The Faculty developed close relations with other fac- tion. ulties of economics in the country. In the first years, inter-faculty conferences were regarded as an im- The Faculty has been initiating or participating in portant form of cooperation. The venue of the First fundamental researches dealing specifically with the Inter-Faculty Conference of the Yugoslav faculties of development of the economic system, analysis of the economics was the Belgrade Faculty of Economics Yugoslav market, monetary and fiscal policies, etc. (March 1950).The agenda contained issues concern- In 1953, the Economic Research Institute was estab- ing teaching activities, curricula and syllabi, admis- lished as an autonomous organizational unit. Also sion requirements and study rules, specialization the Documentation Centre of the Faculty, with an ex- areas, textbooks and naturally, major social and eco- haustive subject catalogue, also evolved from it. nomic development issues. Since 1955, the Faculty has been publishing a renowned journal Ekonomski anali (Economic Annals) to which a great number of the local staff members and other researchers have contributed.

The first issue of Anali

36 THE FIRST AND THE ONE III DEVELOPMENT (towards the end of the century)

In the mid-1960s already, the Faculty of Economics became a renowned higher education institution and one of Yugoslavia’s leading centres for higher education in economics. Its own human and scientific resources, developed during the 1950s, provided a significant basis for its further development.

In the early 1960s, the Faculty of Economics had over 100 full-time teachers and associates. In the mid- 1970s, their number reached 129 and this figure will not be changed in the years to come (120-130 employed). In that period, the Faculty had 37 full professors, 18 associate professors, 22 assistant professors and 35 teaching assistants (1972). This potential con- Faculty of Economics in Prilep, Macedonia (FYR) tributed greatly to the improvement of education in economics and the Faculty’s leading position in the development of modern economists.

The Faculty of Economics also participated in the establishment of new institutions of higher education in economics within a number of new universities both in Serbia and outside. It participated either directly in their formation or indirectly, through its teachers who lectured in these institutions.

Faculty of Economics in Podgorica, Montenegro

III DEVELOPMENT 37 Belgrade, Knez Mihailo Street in the early 1970s

38 THE FIRST AND THE ONE All this coincided with the country’s economic devel- Although the 1970s were a relatively stable economic opment. In the mid-1960s, Yugoslavia initiated com- period, the first serious signs of a crisis and slowdown prehensive economic reforms, which were geared in development could already be observed at the end to the further development of a market economy. In of the decade. The indebtedness of the economy al- that period, the Yugoslav economy, including the Ser- most doubled (about 20 billion dollars) while the bian one, was at a medium development level. In the rate of growth first declined and then, in the 1980s, second half of the 1960s, these reforms contributed it came almost to a standstill. In a way, this was a to the increased autonomy of enterprises, while the prelude to the tragic events in the 1990s. However, country was increasingly opening itself not only eco- despite such unfavourable trends, the Faculty of nomically, but also from a cultural, educational and Economics managed to maintain its dynamic devel- tourism aspect. All this precipitated the need for the opment, especially with respect to teaching and sci- further improvement of economists’ knowledge and entific activities, for a long time, thanks mostly to its the introduction of new contents into the Faculty’s own efforts, initiatives and funds. curriculum and syllabi.

Development of Study Programmes

By the end of 1960s and during the 1970s, most of the teaching process and syllabi. Between mid-1960s the teachers at the Faculty of Economics in Belgrade and the end of the 1990s the three revisions of cur- were its former students. As is usual, this new gener- ricula took place ation of teachers, introduced many innovations into

Undergraduate level (BSc)

The new curriculum was adopted in 1966. It differed for economists who will engage in the country’s in- significantly from the previous curricula and reflected creasing international trade. In 1970, a new educa- the development level of the Faculty’s human and sci- tional profile was offered – Organization Science, entific potentials. The curriculum offered five educa- which was even more oriented to enterprise organi- tional profiles: (a) Economic Policy and Planning, (b) zation and management. In 1972, Transport and Tour- Economic Statistics and Cybernetics, (c) Enterprise ism were introduced as an educational profile. This Economics and Organization, as the embryo of busi- curriculum underwent more significant changes only ness and economic and management studies, (d) Fi- after a decade. nance and Accounting and (e) Foreign Trade, intended

III DEVELOPMENT • Development of Study Programmes 39 The curriculum, which came into force in 1976, retained all major disciplines from the previous one, but the overall organization of teaching was changed. The first year of study was the same for all students but since the second year, teaching was organized into three programmes: Economics, Business Eco- nomics, and Statistics and Cybernetics. In the third year, three optional groups within the Business Eco- nomics programme were set up (Organization, Mar- keting and Finance and Accounting). In the fourth year, Economics and Business Economics programme included eight profiles: Economic Theory, Industry, Agriculture, Domestic Trade, Foreign Trade, Trans- port, Tourism and Banking. The Statistics and Cyber- netics programme offered three profiles: Statistical Analysis, Cybernetics and Actuarial Mathematics.

The system of study underwent a very interesting and modern change (it reminds of some solutions of The monograph published for the 30th anniversary of the Faculty of Economics the current study reforms concerning the organization of student learning and workload): almost all teaching subjects lasted one semester; the weekly number of hours could not exceed 30 hours.

Finally, the third curriculum in this period came into force in 1987 and remained until the late 1990s. Apart from the introduction of some new disciplines, this curriculum was a combination of the principles observed by the previous two. The first and second study years were the same for all students, while in the third year seven educational profiles were offered (Economics; Marketing; Business Finance and Accounting; Foreign and Domestic Trade; Finance, Banking and Insurance; Tourism, and Economic Sta- tistics and Informatics). It is interesting to note that the new curriculum departed from the previous one,

The celebration of the 40th anniversary of the Faculty of Economics in which offered many more options for the students Amphitheatre 1.

40 THE FIRST AND THE ONE and more possibilities for elective teaching.

During this period the syllabi were changed to a significant extent, which will remain the lasting commitment of the Faculty according to the develop- ments in economic thought.

These changes refer, above all, to the new contents in the field of economics, with emphasis on microeconomic and macroeconomic analysis but also the scope of teaching in quantitative disciplines increased (operations research, statistics, econometrics). Thus, as early as the 1960s, the Faculty became the main institution for education in statistics and the relevant doctoral studies.

The gathering devoted the 50th anniversary of the Faculty of Economics, held in the new Amphitheatre 4. On the other hand, the scope of teaching and students’ interest in the subjects dealing with business All these circumstances, due to which the Faculty of economics – including specifically marketing and Economics was often ahead of its time, contributed trade, decision-making, management and organiza- to a significant extent to its fast development and tion – increased abruptly. reputation as one of the major centres of economic science in the country.

Amphitheatre A1 from that period.

III DEVELOPMENT • Undergraduate level (BSc) 41 Master level (MSc or Magisterium)

During the 1960s and 1970s, the Programmes in Eco- on the average enrolled in the MSc Studies, though nomic Development, Business and International Eco- the number of defended MSc theses points to a high nomics were organized each year. Within the scope student dropout rate. of these basic profiles there were also special ones: During the mid-1990s, 19 postgraduate Master’s Pro- in the field of Economic Development – Policy of Eco- grammes were organized on a regular basis, includ- nomic Development, Agricultural and Transport Eco- ing (in alphabetic order) Actuarial Mathematics, Ag- nomics (in 1974, the latter was transferred to the field ricultural Economics, Demography, Econometrics, of Business Economics); in the field of Business Eco- Enterprise Economics, Financial and Accounting nomics – Trade, Tourism, Marketing, Organization, Analysis, Fiscal Management, Governance and Infor- Financial and Accounting Analysis, etc. The Faculty mation Systems, International Economics, Macro- also organized the Programme in Monetary Econom- economic Analysis and Transformation of the Yugo- ics since 1970, as well as the Programme in Statistical slav Economy, Management, Marketing, Monetary, Analysis in Economics since 1972. Banking and Financial Management, Operations The development of specified disciplines and chang- Research, Statistical Analysis, Tourism Management es in the economic situation required modifications and Trade Management. of MSc programmes during the 1980s. Thus, some In the early 1990s, interest was aroused in a new programmes were transformed into the new ones type of graduate education – one-year Specialist Pro- and some new programmes were organized (De- grammes. With these programmes, as the new type mography, Management, Enterprise Economics, Ac- of regular graduate education, the Faculty expanded tuarial Mathematics). Each year, about 240 students its supply lastingly since 1994.

Doctoral level (PhD)

Until the mid-1960s, a Doctoral candidate could de- carried out by its teachers enabled candidates to defend his/her PhD thesis only on the basis of the its fend their PhD theses and earn a PhD Degree in three positive evaluation and the candidate’s hitherto sci- scientific areas: Economics, Statistics and Organiza- entific work. From the mid-1960s, it became neces- tion science. sary to earn a MSc Degree. A special recognition to the Faculty of Economics was The development of the Faculty and of scientific work the University’s decision to select it as the main in-

42 THE FIRST AND THE ONE stitution in charge of doctorates in Statistics, which development of the relevant disciplines, which now was a specific recognition to the scientific contribu- belong to the fields of Business Economics, Business tion of the teaching staff of the Faculty in that field. Administration or Management Science. They have been developed at the Faculty since the early 1960s It is also important to point to the separation of Or- so that its syllabi significantly differed from those in ganization Science as a special field, which was the the Eastern Europe. result of the Faculty’s scientific contribution to the

Developing working conditions

Until the early 1990s, the Faculty of Economics was stitutes, professional organizations and government constantly upgrading the teaching facilities, often institutions – such as the Federal and Republican with its own funds, funds of its sponsors and, natu- Statistical Offices, Economic and Social Planning In- rally, funds of its founder. In the late 1970s, the old stitute, National Bank and the like – was also main- building was extended by the annex with two 160- tained through the NICEF. seat lecture halls and new 20 lecture rooms with the In 1980, the Electronic Computer Centre was estab- seating capacity of 40-80. With the addition of the lished and the Faculty obtained its first computer. seventh floor, the number of the teacher’s offices was This was Honeywell – 6/43. Although small accord- increased; some lecture rooms were renovated and the Faculty also obtained a cafeteria.

In this period, an increasing number of teachers become involved in scientific work and the realization of various projects for the Government and certain ministries, as well as for enterprises, banks, professional associations, bodies of local self-management, trade unions, etc. To make better use of its scientific potential, the Faculty of Economics set up the Centre for Scientific Research (NICEF) in 1974. During the following years, the NICEF brought together a great number of teachers and provided organizational assistance to the work of research teams. In addition, cooperation with a considerable number of renowned external researchers and research in- The first computer at the Electronic Computer Centre.

III DEVELOPMENT • Developing working conditions 43 ing to its technical features, it was large in size and The Faculty also started its publishing activity, which installed in especially equipped and air-conditioned facilitated the acquisition of textbooks and made rooms, as was required at that time. The comput- them cheaper. In 1989, this activity evolved into the er was primarily intended for teaching (students Publishing Centre (CID) as a special organizational learned the program languages Fortran and Cobol on unit. Over time, it will develop into a large publisher this computer) and for the teachers’ scientific work. of economic literature in the country. At that time, this meant an important work improve- On the occasion of 40th anniversary in 1977, The Fac- ment at the Faculty, while the Centre enabled a much ulty was decorated by the order of merits for nation more serious work in the fields of statistics and infor- of the first degree. matics.

Ten years later, the Centre changed its structure and introduced personal computers into use. At first, it introduced a smaller number of PCs AT 286 with 1MB memory and in 1995 it acquired about 40 PCs AT 486. They were connected into the network enabling access to the Internet via University Computer Centre. Soon afterwards, the Faculty established its network, which enabled access to the Internet from all rooms. Decoration awarded to the Faculty of Economics

Students

As one of the largest faculties within the University of At that time, this was a surprising revolt of the young Belgrade, the Faculty of Economics had a very large generation against the state of Yugoslav society and number of students as early as the mid-1960s. Eco- the abandonment of the proclaimed social values. nomic reforms and a shift toward a market economy This influenced a leftist political orientation of the were an attractive area of study for the young gener- demonstrations. Students requested more princi- ation. However, the clash between the social norms ples of equality, equal opportunities for all, as well as and the actual situation in the society meant for the greater justice in society, and were against the ‘red young generation of the late 1960s a call for action. bourgeoisie’...

Like many world’s universities, the University of Bel- The protest also took place at the Faculty of Econom- grade was the venue of the student protest in 1968. ics. All teaching activities were suspended for seven

44 THE FIRST AND THE ONE days being replaced by vivid discussions about the future of the country and the orientation of its politics.

These events had a favourable influence on students’ activities: student participation in the governance of the Faculty was increased; new student journals (very critically intoned at times) were launched and students became a more active factor of the overall study process of the Faculty. So, in 1971, the journal of the students of the Faculty of Economics, Glas ekono- The first Student Vice-Dean Vladan Božić (now a professor) speaks at a students’ meeting. mista, was founded and in 1972, as the result of many changes taking place after the student protest, the GLAS EKONOMISTA function of the student vice-dean was introduced. Being supported This rebellious spirit of students will be reawakened by the Faculty, the during the 1990s. In the autumn of 1992, the students Student Federation organized the demonstrations against the country’s – which was a mass isolationist policy. As part of the students’ action at organization with many the University, the first petition for the resignation clubs and specialized of Slobodan Milošević was also signed at the Faculty of Economics. The students’ action culminated in the organizations, most of winter 1996-97, when almost the entire University, which are still active – including a great number of the students and teach- accepted the proposal ers of the Faculty of Economics, joined the massive of a group of students civil protest against the election fraud. to launch a student journal, which was named Glas ekonomista (Voice of Economists). The first issue was published on 29 March 1971. The initial circulation was 500, but within several years it became the journal of the students of the Yugoslav faculties of economics, with the circulation of 30,000. Glas ekonomista has been published for more than twenty years. Demonstrations in 1968.

III DEVELOPMENT • Students 45 Belgrade, early 2000s

46 THE FIRST AND THE ONE IV THE EVE OF 21st CENTURY

The nineties

The nineties were an extremely difficult period in Ser- bia’s recent history. The economy was dramatically weakened: Serbia’s GDP fell to about 40-50% of its 1990 level. This was partly due to the disintegration of the Yugoslav market and loss of foreign markets caused by the EU and UN sanctions but, even more so, due to the devastating inflation of 1992-1994 and Serbia’s absolutely wrong politics. Transition reforms, which were initiated in 1989 and 1990, and brought some stability, were abandoned in the 1990s, while the internal political tensions were intensified.

Student demonstrations, 1996-97

Serbia, GDP, 1990-2000 (1990=100) Despite the efforts of the greater part of the teach- Source: EBRD, www.ebrd.com/country/sector/econo/stats/index.htm ing staff to preserve the achieved reputation of the Faculty of Economics as the leading higher education

IV THE EVE OF 21ST CENTURY • The nineties 47 However, in 1998, the Serbian Parliament passed the new University Law, which dramatically limited university autonomy. Under the new Law, the Government had to appoint the rector and faculty deans, who were given wide powers, including the appointment of teachers, decision-making on their promotion and the like. Like most faculties within the University of Belgrade, the Academic Council of the Faculty of Economics requested changes to the Law, but it nevertheless came in force. All this had serious implications for the work of the Faculty, its personnel and enrolment policy, as well as for the regularity of the entire teaching and educational process.

In 1999, the Faculty was faced with a new threat. The three-month NATO intervention and everyday bomb- ings caused the suspension of its teaching activities. NATO bombing Belgrade, 1999: the destroyed Government building The location of the Faculty was rather risky – it was institution in its scientific fields, some problems were in the vicinity of the Government and General Staff becoming increasingly serious. The Faculty entered buildings, which were bombed a number of times the year 1997, which marked the beginning of its sev- during the intervention. The Faculty was also hit by enth decade, with a student strike and the suspen- frequent power breakdowns, which caused damage sion of the activities due to mass three-month dem- to its electrical wiring system and computer net- onstrations in Belgrade, sparked off by the election work. Despite all this, the academic year was some- fraud and non-recognition of the results of the local how finalised while the new one started relatively elections. normally, considering great tensions in the society, at the Faculty and, in particular, among students.

Revival

A major shift in the development of the Faculty oc- at the presidential elections was recognized. This curred after 5 October 2000 when – under great was an introduction to changes in other government public pressure and after mass demonstrations in bodies after the elections staged early in 2001. This Belgrade, the victory of the democratic opposition also enabled the relevant changes at the universi-

48 THE FIRST AND THE ONE ties and faculties. At the Faculty of Economics, at the request of 98 teachers and associates, the Dean and Vice-Deans resigned and their duties were assumed by the Dean’s Board, elected by the Academic Council as early as 1998. During the following months, two teachers, who had been dismissed by the decision of the former Dean, were returned to the Faculty, while all teachers appointed solely by the Dean’s decision (often against their will) the year before had to undergo the standard election procedure. Thus, the Fac- ulty created conditions for the resumption of normal activities and the continuity of the academic rules. However, the Faculty of Economics was still faced with the difficult task – to make up for lost time. Belgrade, 5 October 2000.

During the following years, thanks to the efforts of international journal and the old practice of sending the entire Faculty staff, the teaching process under- junior teachers to foreign universities for further edu- went major improvements; new syllabi were intro- cation was revived. duced; working conditions were improved; enrolment policy became transparent, and teachers’ work Thus, the Faculty of Economics became significantly with their students and students’ learning facilities stronger and retained its position as the leading insti- were improved. The Faculty also solved some inher- ited problems – which resulted in the weakening of the standards for academic conduct and ethics – and effected the appropriate personnel changes, thus strengthening its teaching and scientific potential and credibility.

Also, the Faculty returned to the international academic community, which facilitated the introduction of many reforms that were already conducted at many European universities during the 1990s. Scien- tific work was also revived; an increasing number of teachers and associates participated in international conferences and contributed to international journals once again; the Faculty journal evolved into an Returning to international accademic community: EACES Conference, 2004 (E. Davidi, V. Valli and D.M. Nuti)

IV THE EVE OF 21ST CENTURY • Revival 49 tution of higher education in economics and related the demand for graduate economists once again. The disciplines in the country, while at the same time en- Faculty conducted a survey which revealed that its joying an excellent reputation in the whole region. graduate students are in great demand by domestic and foreign companies. This is also evidenced by the Gradual economic development, the stabilization of fact that 93 per cent of them find employment in the macroeconomic conditions and accelerated transi- first year after their graduation. tion to a market economy led to increased interest in studying at the Faculty of Economics and boosted Although the global economic crisis has strongly af-

New Belgrade, 2000s

50 THE FIRST AND THE ONE tential and the scope of scientific areas covered, the Faculty of Economics is developing its own criteria of excellence and cherishing its own tradition as a big, renowned and autonomous institution of higher education.

Faculty of Economics, front yard fected the economy of the country as it happened in many transition economies (even those that have started their economic transformation much ear- lier), the interest for studies in Economics remained huge. Moreover, graduates from the Faculty of Eco- nomics are still highly demanded despite a growing number of higher schools that offer similar study programmes. In our view this kind of a competition is only to confirm the achieved excellence of the Faculty of Economics.

As one of the largest faculties within the University of Belgrade, with about 8000 students, the Faculty of Economics in Belgrade now a days represents a significant medium-sized university in itself.

As a member of the University of Belgrade, it is try- ing its best to meet and exceed University’s criteria of excellence. Being proud on the tradition of the Uni- versity of Belgrade, the Faculty endeavours to make its own contribution to its traditional values. Also, as an educational institution founded once outside the

University and bearing in mind its size, scientific po- Faculty of Economics, interior stairs

IV THE EVE OF 21ST CENTURY • Revival 51 Governance and Organization

The Faculty of Economics operates as an independ- from among the teachers, one Vice-Dean is elected ent higher education institution within the Univer- from among the students. sity of Belgrade. Its founder is the Republic of Serbia. The main governing bodies of the Faculty are: Academic Council

The Academic Council (AC) is the highest professional Council Faculty body. The AC is comprised of all teachers and The Council is the Faculty governing body. It has 23 teaching assistants employed. Also it comprises rep- members, 15 of whom are the Faculty representa- resentatives of the student parliament when discuss- tives, 4 are appointed by the Serbian Government ing teaching issues. The AC also makes decisions in a and 4 are elected by the Student Parliament. Out of 15 special composition as the Election Council in elect- Faculty representatives, two are elected from among ing candidates for teaching positions (the composi- the non-teaching staff. tion depends on the type of elections).

Dean In decision making the AC rely on proposals prepared by its standing committees and chairs. The Dean is the executive body and the leading figure of the Faculty. The Dean is assisted by the 2-4 Vice- The standing committees of the AC are: Deans. Apart from the Vice-Deans who are elected • Committee for Undergraduate Studies

A session of the Faculty Academic Council.

52 THE FIRST AND THE ONE • Committee for Graduate Studies • Committee for PhD Studies • Committee for Development • Committee for Diploma Recognition • Committee for Finance • Disciplinary Committee • Committee for Quality Improvement • Committee for Self-evaluation • Committee for Students’ Survey (evaluation of teachers)

Chairs

The Chairs are academivc organisational units that are organized around one or more related scientific areas (that include related teaching subjects). Its Before a chair meeting members are the teachers and associates elected for Apart from the Chairs representing academic units, the corresponding scientific area. The Faculty has the the remaining organizational units of the Faculty are following chairs: centres, and administrative and professional services. • Chair of Economic Theory and Analysis • Chair of Economic Policy and Development Faculty Centres • Chair of International Economic Relations • Scientific Research Centre of the Faculty of Eco- • Chair of Business Economics and Management nomics (NICEF) • Chair of Accounting and Business Finance • Publishing Centre (CID) • Chair of Statistics and Mathematics • Information Technology Centre (CIT) • Centre for International Cooperation Student Parliament • Career Advice Centre • Centre for Permanent Education The Student Parliament is the body through which • Marketing and Public Relations Centre students exercise their rights and protect their inter- • The Faculty Centre Directors are appointed by the ests at the Faculty. Students elect their representa- Dean. tives to the Student Parliament directly, by secret ballot. The voting rights are enjoyed by all students The administrative and professional services: enrolled in any of the study programmes in the aca- • Office of General and Legal Affairs demic year in which the elections for the Parliament • Student Service are held. The Student Parliament was elected for the • Library first time in the academic year 2006/07. • Financial and Accounting Office • Technical Support

IV THE EVE OF 21ST CENTURY • Governance and Organization 53 Teaching

Undergraduate Studies second year of study – it turned out that this project did not correspond to the requirements spelled out in After 2000, the Faculty started to apply a number the Bologna Declaration. of higher education reforms based on the Bologna Declaration even before it was officially signed by the In 2001 and 2002, the debate conducted at the Fac- Government. Regarding the reforms, the Faculty of ulty pointed to necessary changes in the curriculum, Economics has a relatively long tradition, since some though its basic structure (nine educational profiles) similar ideas were already applied in the past (since was retained. As the result of these discussions, the 1987, all teaching subjects have been organized in curriculum was defined by using the new assessment one-semester terms; in the mid-1980s, the student method, at the level of 60 ECTS points in each year survey was introduced as an evaluation method; con- of study, regardless of the educational profile. During tinuous testing for some subjects as an element for 2005 and 2006, the new syllabi were also adopted. the final grade were practiced as early as the 1960s In 2007 during the new accreditation process the pro- etc.). gramme took its final form. It is defined as a unique During the 1990s, there were several attempts to programme with common subjects within the first upgrade the curriculum. Finally, the new curriculum two years of study and with 9 elective modules af- was adopted in mid-2000 but without an analysis of terwards. The common content is due to a relatively the relevant programme contents. However, soon undeveloped labour market demand for economists after the adoption of this curriculum – which intro- that prevents students to definitely expect a specific duced nine study programmes to be profiled in the and/or specialized job after their graduation.

Students in the Amphitheater 1

54 THE FIRST AND THE ONE Takeout from Study Programme

I YEAR II YEAR

I YEAR II YEAR Introductory Economics 10 ECTS Price Theory (Microeconomic Analysis I) 10 ECTS Mathematics 10 ECTS Economic-Mathematical Methods and Models 10 ECTS (Management Science) Sociology 4 ECTS National Economy 9 ECTS Introductory Statistical Analysis 10 ECTS Selected Foreign Language (Eng. Fra. Ger. Rus.) 4 ECTS Introductory Macroeconomics 8 ECTS International Economics 7 ECTS Enterprise Economics 8 ECTS Strategic Management 10 ECTS Financial Accounting 10 ECTS Selected Foreign Language for Economists 3 ECTS Elective Course (according to the chosen Module) 7 ECTS

III and IV YEAR

Nine elective modules (120 ECTS, each): 5. Finance, Banking and Insurance 1. Economic Analysis and Policy 6. Tourism and Hotel Industry 2. Marketing 7. Statistics, Informatics and Quantitative Finance 3. Accounting, Auditing and Financial Management 8. Management 4. Trade Management and Marketing 9. International Economics and Foreign Trade

Students during a lecture

IV THE EVE OF 21ST CENTURY • Teaching 55 Enrolment

Great interest in enrolment in the Faculty of Econom- number of students (from the years prior to 2001) in- ics calls for constant care about the enrolment re- creased the average length of studies. quirements. Enrolment in the Faculty over the past On the other hand, an analysis showed an increased five years is shown in the following table. interest in enrolment in the Faculty by candidates

Enrolment, 2008-2012 Government Applied candi- Year Self-financed Total Enrolment rate financed dates 2008 574 757 1517 1699 89.2% 2009 569 637 1476 1746 84.5% 2010 578 827 1405 1784 78.7% 2011 580 844 1424 1817 78.4% 2012 570 825 1395 1634 85.3%

The Table shows that students’ interest in enrol- with very high average secondary school grades. ment in the Faculty of Economics, is constantly high Regardless of the total number of enrolment candi- and that the share of enrolled candidates varies usu- dates, the share of excellent students (the average ally between 78-85% (however, subtracting those en- secondary school grade higher than 4.5/5.0) is ex- rolled in distance learning programme this rate goes ceeding 50%, while the share of very good ones (the to around 65-70% of all candidates) average grade between 3.5 and 4.5) is above 40%.

The studies for students financed by the government Candidates for enrolment in the Faculty of Eco- are absolutely free. Self-financed students pay the nomics: Secondary school grades (2008-2012) tuition fee that covers all costs, including all text- Grade 4.5 and books but can acquire the status of the student to be Average grade Year higher/ all financed by the government if they meet all defined (max 5.00) requirements. candidates 2008 932/1699 4.42 After 2000, the Faculty opted for a lower enrolment 2009 913/1746 4.39 rate for two reasons: first, the lower number of en- 2010 985/1777 4.43 rolled candidates enables better individual work stu- 2011 953/1803 4.41 dents and improves the conditions of work in general 2012 925/1634 4.53 and, second, an analysis showed that a much larger

56 THE FIRST AND THE ONE The number of graduated students This led to the conclusion that the number of enrolled students should be increased, provided that the con- Academic year Graduate students ditions of work and study were improved. This policy 2006/2007. 811 resulted in an increasing number of graduates. 2007/2008. 903 2008/2009. 933 2009/2010. 901 2010/2011 984

Entrance Exam

The ranking of candidates is based on their secondary During the past years, candidates had to receive the school grades (maximum 40 points) and the success following number of average points at the entrance shown at the entrance exam, which is comprised of exam to be enrolled in the Faculty of Economics: 80- two tests. The first test asks candidates to demon- 85/100 for students to be financed from the budget strate their general knowledge gained in secondary and between 65-75/100 points for self-financed stu- school (maximum 30 points). The second test is in dents. an elective subject area (maximum 30 points; elec- tives are mathematics, computer proficiency, basics of economics and enterprise economics). Testing is anonymous and simultaneous for all candidates.

Entrance exam Entrance exam

IV THE EVE OF 21ST CENTURY • Entrance Exam 57 Benchmarking

During 2003, the Faculty organized the research pro- hitherto work. It also showed that our institution en- ject relating to the best practices at foreign faculties joys a high reputation and that its results are closely (primarily in Europe) and their comparison with its monitored, while at the same time pointing to the own practice. This research revealed some weak- desirable changes. This research created a basis for nesses, but also the good results achieved by the the Faculty’s new activities, including the work on Faculty. Within the scope of this research project, new curricula and syllabi, as well as the elaboration special attention was devoted to the stakeholders’ of the basic work and study standards guaranteed by views on the Faculty, their needs and evaluation of its the Faculty.

A table from the project regarding the number of students Number of students

UE SM 1850

Oxford Univ., Pol, Phil and Econ 1320

BUESPA, Budapest 12000

Wirtschaft Univerzitet, Wien 22307

Yale University 11270

Univ Perugia, 3 Dpt. 2345

Univ Bocconi 13300

Univ Bologna, EF 8000

London School of Economics 7000

ECS BS 2200

Coventry Business School 1200

0 5000 10000 15000 20000 25000

Teaching Standards and Quality Control

Under the project launched in 2003, the Faculty was (a) the preparation for teaching, (b), conduct of teach- the first in the country to prepare the basic materials ing, (c) conduct of exams, (d) adoption of textbooks for the introduction of the basic quality standards in: and (e) elaboration of seminar and final papers. Based

58 THE FIRST AND THE ONE on the important results of this project, the students were provided standardized information about the programmes and their objectives, teaching sched- ules, pre-exam obligations, exams and examination methods, etc. The major result of this initial stand- ardization effort was the introduction of a number of innovations into the teaching process, examination method and forms, method of work during the exercises, etc. On the basis of this project, four years later the Republican Accreditation Committee has adopted general standards that should be applied in all higher educational institutions in the country. The compliance with these standards is the subject of a constant critical analysis and further improvements and is monitored by the two Academic Council com- Booklet with the first standards adopted mittees.

Student Survey (Evaluation)

After a suspension during the 1990s, starting with Since 2007, student surveys have also been recog- the academic year 2001/02 the Faculty conducted nized within the University of Belgrade, so that now two student surveys on a regular basis. One survey all faculties apply the same survey methodology examined teaching and textbook quality and assessment objectivity, while the other was intended for graduate students, at the time they received their diplomas. It included questions concerning the quality of studies and whether any irregularity was observed at the exams, including corruption. The Faculty also set up special commissions with the aim to organize these surveys and address the evaluation and quality control issues in general. The survey included the questions about teaching quality, as well as the quality of textbooks and assessment objectivity.

A sheet with assessments

IV THE EVE OF 21ST CENTURY • Student Survey (Evaluation) 59 Graduate (Master) Studies

Since the academic year 2006/07, the Faculty has Students enrolled in the Graduate Master Stud- been organizing the new, Master Programmes in ies (2006/07-2010/11) accordance with the hitherto reforms of its Under- Master International graduate Studies. These programmes last one year Academic year programmes in master and upon their completion students obtain 60 ECTS Serbian programmes points (previous magisterium programmes lasted two 2006/07 168 57 years). After two cycles of the studies – Basic and 2007/08 144 44 Graduate (Master), students gain 300 points, which 2008/09 314 39 is in conformity with the modern European practice. 2009/10 516 43 2010/11 408 60 2011/12 457 36

Master Study Programmes

The Faculty of Economics organizes 8 Master Pro- - Module: Business Communications and Public Relations grammes in Serbian: - Module: Sales and Supply Chain Management 1. Economic Analysis and Policy - Module: Tourism Management 2. Accounting, Auditing and Business Finance 6. Quantitative Analysis 3. Banking and Financial Management - Module: Actuarial Science 4. Economic Policy and Development - Module: Demography 5. Business Management - Module: Econometrics - Module: Strategic Financial Management - Module: Informatics - Module: Human Resource Organization and - Module: Operational research Management - Module: Statistics - Module: Marketing Management 7. International Economics - Module: International Business Operations 8. Energy Economics and Management

60 THE FIRST AND THE ONE International Master Courses

The Faculty of Economics organizes four Internation- • International Master in Quantitative Finance al Graduate Master Programmes taught in foreign (IMQF). The programme is designed for the best languages: and most valuable young people, who are prepared to deepen their knowledge in the field of • Management and Business Economics, a financial theory and practice by using quantita- course developed jointly with a leading European tive methods, in addition to their business orien- Business School, HEC, Paris. Admission is allowed tation. to all students with a faculty diploma, regardless of their previous studies. The aim of the pro- • MBA the first MBA programme taught in Serbia gramme is to educate future managers – creative with an AACSB International accreditation. The and enterprising business leaders. programme is conducted jointly with the Texas A&M University Commerce. Students receive two • Macroeconomics of Transition Economies, a diplomas: one of the University of Belgrade (Mas- course jointly organized with the Sophia Antipo- ter in Management) and the other of the Texas lis University of Nice. Students receive two diplo- A&M University Commerce (Master of Business mas: one of the University of Belgrade (Master) Administration). and the other of the University of Nice (Master).

Opening ceremony of the Master course with the University in Nice Sophie Antipolis, 2006

IV THE EVE OF 21ST CENTURY • International Master Courses 61 MBA graduation ceremony, 2012

62 THE FIRST AND THE ONE Doctoral Studies

The total number of Doctors of Science, who earned sults of their work and are obliged to publicize some this degree at the Faculty of Economics from 1952 to results of their research projects. The defence of the 2012 increased to over 740. PhD thesis is the ultimate step.

Since the year 2008 the Faculty organizes the new Doctoral Studies. The new system requests the enrolment of PhD candidates, taught subjects and constant work with teachers during the elaboration of their dissertations. All students who enrol in the PhD Programme have to attend a specified number of lectures in the relevant research methodology and work on the specified programmes, which are adjusted to the candidates’ scientific interests.

PhD candidates work with at least two or more professors (mentors’ committee) with whom they master the specified aspects of their research. During their three-year studies, they publicly present the re- Doctoral promotion at the University, 2011

Research

Centre for Scientific Research of the Faculty of projects, innovation and company courses, con- Economics (NICEF) sulting activities, symposia and the like. Among its clients are Government and ministries, public and The Centre for Scientific Research of the Faculty of private enterprises that include: Železnice Srbije (Ser- Economics in Belgrade (NICEF) was established in bian Railways), NIS a.d. (Serbian Oil Industry), Novi 1974. With more than 1,000 projects and studies Sad, Telekom Srbija a.d., Kostolac Open Pit Mines, completed so far, it is one of the most prominent in- Elektroprivreda Srbija (Electric Power Industry of stitutions concerned with economic development Serbia), PD RB Kolubara d.o.o., Nikola Tesla Airport, and fundamental research in the country. Belgrade, etc. During the past decade, it carried out hundreds of The NICEF maintains intensive cooperation with the

IV THE EVE OF 21ST CENTURY • Doctoral Studies 63 Serbia’s Transition and Economy, Trade Development Strategy and Policy of the Republic of Serbia, Tourism Development Strategy of the Republic of Serbia, Re- structuring of the National Bank of Serbia, etc.

Particularly important are the fundamental projects supported by the Ministry for Science. There are four current projects of that kind that gather almost entire teaching staff of the Faculty.

The Foundation for the Advancement of Eco- nomics (FREN)

The Foundation for the Advancement of Economics (FREN) was established in 2005 to promote academ- The NICEF clients: Telekom Srbija, Železnice Srbije, EPS Kolubara, Belgrade Airport, Serbian Oil Industry ic research in Serbia and build the body of knowledge

relevant republican institutions in the preparation for economic decision-makers. of the projects being of utmost significance for our The FREN’s basic activities are geared to the reali- country: Economic Policy Measures, Exchange Rate zation of its own research programme; provision of Policy, SME Development Policy, Serbia’s Export Pro- support to the research that deepens and advances motion Strategy, SME Development Programme, theoretical and empirical knowledge in the field of Economic Measurement of Comparative Advantag- economics, especially with respect to the Serbian es, Programme of Reforms in the Republic of Serbia, economy and transition processes in the countries Development of the Financial Market in the Service of of South Eastern Europe; the application of contemporary economic research and analytical methods; the promotion of cooperation among similar institutions in South Eastern Europe and the integration of regional economic thought into the global scientific networks and trends.

Among the FREN’s most important project is the Quarterly Monitor of Economic Trends and Policies in Serbia (QM), a publication that systematically monitors macroeconomic, corporate and financial trends and policies in Serbia. It comes out in Serbian and English and is also posted on the FREN website. Discussion at the NDES and FREN Round Table

64 THE FIRST AND THE ONE Journals

Economic Annals

Economic Annals is the scientific journal published by the Faculty of Economics since 1955 (Ekonomski anali). Over time, its editorial policy, editors-in-chief, editorial board and sections have changed just like the society itself. Nevertheless, the journal has sur- vived for 57 years and so far more than 190 issues have been printed.

The meeting of the Economic Annals Editorial Board Today, Economic Annals is an international journal with a strong international editorial board that gather many prominent scientists in the field of eco- Economic Annals is published quarterly in English language and can also be found on the Internet: http:// anali.ekof.bg.ac.rs.

Ekonomske ideje i praksa

Ekonomske ideje i praksa (Economic Ideas and Prac- tices) is a newly established scientific journal of the Faculty of Economics (established in 2011). It is published quarterly in Serbian language with abstracts in English.

Economic Annals - Cover page nomics and is listed in many data bases for journals. According to the evaluation of scientific papers and journal quality made by the Ministry of Culture, Eco- nomic Annals ranks for years among the top journals in the field of social sciences in the country. According to National Library Citation Index it is the most cited economic journal in the country over the past years. Ekonomske ideje i praksa - Cover page

IV THE EVE OF 21ST CENTURY • Journals 65 Scientific Society of Economists in Serbia (NDES) and the Faculty of Economics

The Scientific Society of Economists in Serbia (NDES) The NDES has its premises in the Faculty, while the is a selective scientific association of economists, Faculty has become its major partner in various ac- who are elected according to the procedure specified tivities. by its Statute. To become its members, economists The main activities of the NDES are the organization must be engaged in scientific and educational work of scientific meetings, fora, round tables, as well as in higher education and research institutions, in Ser- the conferences devoted to topical issues. Each year, bia and abroad. the NDES organizes three conferences jointly with Within the NDES acts the Academy of Economic Sci- the Faculty of Economics in Belgrade, with partici- ence (AEN) with a small and limited number of elect- pation of other economic faculties in the country. ed members. Currently it has 13 full members and 10 They are devoted to Serbian economic policy and to members. the transition and the EU accession issues, and bi- annually to global economy and business economics. So far, more than 50 books related to these meetings have been published.

The Conference of the Scientific Society of Economists in Serbia, December 2006 The Conference of the Scientific Society of Economists in Serbia

66 THE FIRST AND THE ONE Library

The Library is one the pillars of scientific work and The Library is continuously supplemented by new ti- education at the Faculty of Economics. It was estab- tles, especially after the introduction of the practice lished immediately after the founding of the Higher that each teacher can order selected new literature School of Economics and Commerce and until the to the amount of several hundred euros once a year. beginning of the war its holdings included more The Library is also subscribed to 20 domestic and 35 than 8,000 books and other publications. After most important international journals. In the late World War II, the Library’s holdings were increasing 1990s, the documentation centre was computerized, at a fast pace, so that as early as 1950 it had approxi- so that all data on available literature are accessible mately 60,000 items. At the beginning of 2000, its online. The Library is also connected to the University holdings included more than 300,000 items. Since and National Libraries by electronic means. Adjacent the relevant literature can be increasingly obtained to the Library are three reading rooms with the seat- by electronic means and after an analysis of the Li- ing capacity of about 200. brary Board, the Faculty gave almost 40,000 books and other publications to the University Library, while about 20,000 items were sent to other institutions, or were written off due to wear and tear. At the same time, for 12 years already (in some cases even longer), the Faculty has been subscribed to the most important databases. Thanks to the facilities of our Information Technology Centre, all these sources are accessible from all rooms, that is from almost all computers at the Faculty.

Library, old reading room Library, new reading room

IV THE EVE OF 21ST CENTURY • Library 67 Publishing Centre – CID

The Publishing Centre of the Faculty of Economics in Belgrade (CID) is an organizational unit of this Faculty and a profit centre specializing in the publishing of textbooks and other professional literature in print or electronic form. The CID has been operating since 1991. Today its current annual production is over 80 titles.

Although it operates within the Faculty, the CID is Director of the Publishing Centre with his associates among the major publishers in South Eastern Eu- rope, specializing in the best quality works in the As a profit centre, the CID operates in the name and fields of theoretical economics, international eco- for account of the Faculty. The Centre is run by the nomics, banking, management, marketing, or- Director who is appointed by the Dean of the Faculty ganization, business finance, accounting, statistics, from among the teaching staff. The organizational mathematics, informatics and the like. Therefore, units of the Centre are the technical services section, the CID proudly exhibits its slogan: “treasury of eco- the bookshop and the storage of printed publications nomic knowledge“. and office supplies.

Among the CID’s most interesting undertakings is a special edition – Translations. This expanding edition includes the world-renowned textbooks, written by O. Blanchard, A. Giddens, N. G. Mankiw, H. S. Rosen,

Faculty bookshop Mankiw, Principles of Economics

68 THE FIRST AND THE ONE D. Salvatore, J. E. Stiglitz, H. R. Varian, D. L. Wilcox etc.

Dictionary of Economics should be also mentioned as a unique project in the region. The Dictionary has over 7,000 entries. It is published in two colours and in hardcover. In most cases, the entries are also given in English.

The CID is regarded as an indispensable support to the teaching and scientific process of the Faculty of Economics in Belgrade, as well as to the teaching, sci- Dictionary of Economics entific, technological and business processes outside the Faculty, in the Republic of Serbia as well as in the region.

The International Book Fair, which takes place at the Belgrade Fairgrounds each October, provides an op- portunity for its special promotional activities. The Faculty of Economics takes an active part in this event through its Publishing Centre. During the past decade, the Faculty of Economics also participated at the Frankfurt and Paris Book Fairs through the Pub- lishers’ Association of Serbia and Montenegro.

Stiglitz, Economics of Public Sector CID presentation in the Belgrade Book Fair

IV THE EVE OF 21ST CENTURY • Publishing Centre – CID 69 Information Technology Centre – CIT

In the mid-1990s, the development of the Electronic connected to the Computer Centre of Belgrade Uni- Computer Centre (ERC) assumed new dimensions. versity (RCUB), as the hub for the national Academic At the end of 1995, the Centre was completely reno- Network. So, the Faculty became part of the Aca- vated. It obtained new computers for its two new demic Network, the first Serbian network with ac- rooms intended for teaching activities as well as for cess to the Internet. all teachers’ rooms and services. Its computer equip- In 1997, the Faculty obtained its Internet domain, ment had the best features at that time: PC AT 486, while the Computer Centre installed the Faculty’s colour monitors, keyboards and mice. The acquisition first Internet servers. The Centre’s capacity soon be- of screen projection equipment also improved teach- came insufficient to meet the increasing demands of ing quality. Thus, the Centre became the nucleus of the teachers and students for the use of the comput- the information system of the Faculty of Economics. er and network resources. Until the mid-1990s, the Faculty’s single local area In 2001, the third computer room for students (Room network (LAN) was built, so that all teachers’ offices, C) was provided, including a complete floor network services, centres and student organizations, as well installation for 21 workstations and the last genera- as the lecture rooms and halls were networked. At tion computers. The Centre also provided the new In- the same time, the Faculty local area network was ternet services, such as the web and e-mail services

Teaching in Room D

70 THE FIRST AND THE ONE slide projector, thus improving the quality of the teaching process to a significant extent.

At the end of 2006 and the beginning 2007, the premises for International Graduate Studies were provided, including the network with 50 connections, as well as a room with 15 computers for students. Modern equipment for the video-conference system (Polycom VSX 8000), with other accompanying au- Video conference room dio-video equipment, was also purchased. for students. The new Faculty web presentation was In 2006, the Electronic Computer Centre evolved into also designed. In the period 2001-2003, the Faculty the Information Technology Centre (CIT). The new also acquired a number of video slide projectors, thus name was adopted due to the expansion of the Cen- contributing to the improvement of teaching qual- tre’s activities. Apart from its technical support to ity in the Centre and in the Faculty as a whole. Since the modernization of the teaching process, the CIT is 2003, the Centre’s facilities have also been accessible closely linked to the Faculty’s administrative and pro- to distance-learning students. fessional services and centres. It participates in main- In 2004, the Centre obtained the fourth room, Room taining diverse applicative software, administers and D, equipped with a complete floor network installa- maintains the local area network, various on-line tion, 45 workstations and the last generation com- services of the Faculty, performs the servicing of the puters. Faculty’s computer and networking equipment and the like. In 2005, the lecture rooms and halls were equipped with multimedia equipment. Twenty one lecture rooms were equipped with fixed desktop computers, as well as a special table and ceiling-mounted video

Engineer Goran Petrić, responsible for the functioning of CIT. Students preparing paper in Room B

IV THE EVE OF 21ST CENTURY • Information Technology Centre – CIT 71 International Cooperation

Since 1992, after the imposition of sanctions by the EU and UN, the Faculty of Economics, which was maintaining intensive long-standing international scientific and academic cooperation, lost contact with most of its foreign partners, as well as the partners from the former Yugoslav republics. Even the individual contacts weakened due to the visa regula- tions for Serbian citizens.

In the second half of the 1990s, almost the only contact of the Faculty with the international academic community, albeit weak, was the Associa- tion of South Eastern Europe Economic Universities (ASECU), founded in 1996 (an initiative of the Univer- sity of Macedonia in Thessalonica). Austrian Foreign Minister Ursula Plassnik in the visit to the Faculty of Economics

Since 2000, one of the most important objectives of the Faculty of Economics has been to renew, estab- was set up with a view to promoting cooperation lish and promote international cooperation. In 2001, with foreign faculties, monitoring and initiating in- the Centre for International Studies and Cooperation ternational projects, and carrying out other related activities.

Since then, the Faculty of Economics has participated in a number of important international projects funded by the European Agency for Reconstruction (EAR) and other international sources and participated in several international research projects organized with British, Italian, Slovenian, Greek and other research institutions on a bilateral basis.

International teaching projects have been of special significance for the Faculty as an educational institution. The Faculty has established several international study programmes at the master level. The Faculty

Philip Kotler’s lecture, 2007 also participated in three TEMPUS projects.

72 THE FIRST AND THE ONE During the past years, the Faculty also organized a number of international conferences and other meetings. As early as 2001, it organized, together with the Scientific Society of Economists, the conference devoted to transition and privatization in Serbia; in 2003, the Second Conference of ASECU, in 2004 the Eighth Conference of the European Asso- ciation for Comparative Economic Studies (EACES). Next year, another international workshop on privatization in Serbia was organized in cooperation with the EACES. In 2007, a large international conference was held marking the 70th anniversary of the Faculty with more than 200 participants from 52 countries. In 2009 another international conference was organized about the global crisis and in 2012 the 75 year jubilee conference “From Global Crisis to Eco- nomic Growth – Which Way to Take?” The Faculty International Scientific Conference, 2009 also organizes other international scientific and ex- All this also contributed to the much greater mobil- pert meetings and round tables in cooperation with ity of teachers and students. During the past years, various scientific and professional associations (such some 60 teachers and assistants attended various as the Scientific Society of Economists, Association specialization, master and PhD programmes in high- of Actuaries, FREN, etc.), or autonomously.

UNCTAD Secretary General, Mr. Supachai Panitchpakdi, at the opening of 24th UNCTAD Regional Seminar, july 2012

IV THE EVE OF 21ST CENTURY • International Cooperation 73 Danubia Summer School in Belgrade, 2009

er education institutions in the United States, United world. The Faculty is a member of several large net- Kingdom, France, Switzerland, Italy and other coun- works bringing together the faculties of economics tries. and social sciences (CEEUN, RESEGE etc.). .

Students mobility has also expanded in direct exchange and/or in special programmes such as Danu- bia summer school, a joint project of Danubian countries supported by the Austrian Erste Bank.

There is also an increasing number of visiting professors from various foreign universities, who come either to deliver special lectures, or for regular teaching. During the past years, there were 50 or so foreign visiting professors, mostly within the scope of various programmes. Many public figures from abroad also come gladly to lecture at the Faculty of Economics.

Finally, the Faculty of Economics has revived its cooperation with numerous foreign faculties, research institutes and other professional organizations from the former Yugoslavia, Europe and the rest of the Professor Wilcox lecturing to students in Lecture Hall 6, Faculty of Economics.

74 THE FIRST AND THE ONE Foreign (visiting) professors that took part in University of California, Berkeley, USA teaching at the Faculty of Economics 2002- 2012 • Garcia Diego, University of North Carolina, USA • Andrade João Sousa, Gonzales Raul, University of Coimbra, Portugal • University Pompeu Fabra, Barcelona, Spain • Attia Nicole, Guichard Jean-Paul, University of Nice, Sophia Antipolis, France • University of Nice, Sophia Antipolis, France • Bardhan Ashok, Hannaut Anne, Haas School of Business, University of California, • University of Nice, Sophia Antipolis, France Berkeley, USA • Hopper Trevor Martin, • Barthomieu Claude, University of Manchester, UK University of Nice, Sophia Antipolis, France • Inđić Drago, • Berdugo Alain, London Business School, UK HEC, Paris, France • Jelić Ranko, • Brezinski Horst, University of Birmingham, UK Technical University, Bergakademie Freiberg, Ger- many • Jovanović Boyan, New York University, USA • Catin Maurice, University of Sud Toulon-Var, France • Kalfon Charles, HEC, Paris, France • Chang P. Rositta, University of Hawaii, USA • Kim Moshe, University of Haifa, Israel, University Pompeu • Chrystal Alec, Fabra, Barcelona, Spain Cass Business School, London, UK • Kletz Pierre, • Coeurderoy Régis, HEC, France Catholic University of Louvain, Belgium • Marer Paul, • Cornuel Eric, CEU, IMC Graduate School of Business, Budapest, HEC, Paris, France Hungary • Crnković Jakov, Martellini Lionel, SUNY, USA • EDHEC, Nice, France • Da Rin Marco, Maruani Laurent, Tilburg University, Holland and Bocconi, Italy • HEC, Paris, France • Dawson John, Medjad Karim, University of Edinburgh, UK • HEC, Paris, France • Duarte Maria Adelaida, Mohan Lakshmi, University of Coimbra, Portugal • SUNY, USA • Edelstein H. Robert, • Nestorović Čedomir,

IV THE EVE OF 21ST CENTURY • Career Advice Centre 75 ESSEC, Paris, France • Megan Burnham Texas A&M University – Commerce, USA • Oppenheimer Henry, University of Rhode Island, USA

• Prašnikar Janez, Foreign experts lecturing at the Faculty of University of Ljubljana, Slovenia Economics (2002-2012)

• Raonić Ivana, • Tonon Eric, City University of London, UK Ministère des Affaires étrangères, France

• Richet Xavier, • O’Rourke Anthony Richard, University Paris 3, France City Trust Securities

• Soares da Fonseca José Alberto, • Guidez Philippe, University of Coimbra, Portugal Société Générale Belgrade

• Stojanović Aleksandar, • Glemot Pierre, University of Greenwich, UK Société Générale Belgrade

• Terrasse Christoph, • Univ. Prof. dr Heinz D. Kurz, HEC, Paris, France Karl-Franzens-Universität Graz, Austria

• Todorović Nataša, • dr Ursula Plasnik, City University of London, UK Minister of Foreign Affairs, Republic of Austria

• Vedie Henri-Louis, • Prof. Eva Pichler, HEC, Paris, France Wirtschaftsuniversität Wien (WU), Austria

• Wonder Nicholas, • Hans Winkler, Western Washington University, USA State Secretary for Foreign Affairs of Austria

• Asli Ogunk • Jeffrey Spear, Texas A&M University – Commerce, USA Marketing expert, USA

• John Humphreys • prof. Milos Kral, Texas A&M University – Commerce, USA University Tomas Bata in Zlin, Czech Republic

• John Stocker • Rolf Wägenbaur-a, Texas A&M University – Commerce, University of University of Tübingen, Germany Delaware, USA • Indermit Gill, • Daniel Edelman Chief Economist of the Europe and Central Asia Texas A&M University – Commerce, USA Region, World Bank

• Stanley Holmes • Freek Janmaat, Texas A&M University – Commerce, USA Head of the European Integration Section of the EU Delegation to Serbia • Mario Hayek Texas A&M University – Commerce, USA • Taleb Rifai, Secretary General of UNWTO-World Tourism Or- • Harold Langford ganization Texas A&M University – Commerce, USA

76 THE FIRST AND THE ONE Career Advice Centre

The Career Advice Centre was established in 2003. Since the establishment of the Foundation of the Faculty of Economics, it has significantly intensified its activities, helping the students attending the Ba- sic and Postgraduate, that is, Undergraduate Stud- ies to select an appropriate orientation when seek- ing employment. The Centre helps students to find their first job, arranges for their consultations with career guidance experts, organizes tests, seminars and courses, and the database, which simulates the labour market. The Centre also has agreements with some companies, enables their presentations and meetings with students, organizes employment and career fairs, as well as other activities facilitating students to find adequate employment. Career Centre event

Marketing and Public Relations Centre

In 2007, the Faculty established the Centre for Mar- as well as other stakeholders of the Faculty. In the keting and Public Relations, whose aims are the con- first months of 2007, the Centre’s major activities in- tinuous monitoring of changes on the educational cluded the organization and conduct of an informa- market and the provision of information and other tive campaign for the enrolment of candidates in the assistance to potential candidates for enrolment, academic year 2007/08. This campaign included the journalists, representatives of government institu- Faculty presentations in secondary schools, partici- tions and non-governmental organizations, busi- pation in educational fairs and the organization of ness partners, educational institutions at all levels, visits to the Faculty of Economics in Belgrade.

IV THE EVE OF 21ST CENTURY • Career Advice Centre 77 The Foundation of the Faculty of Economics

The Foundation of the Faculty of Economics was es- of the Career Advice Centre and the promotion of the tablished in 2004 in order to support students’ work, Faculty of Economics among secondary-school stu- award students and encourage their research activi- dents. The Foundation especially helped the estab- ties. During the past period, the Foundation awarded lishment of the database on all students of the Fac- the best students, participated in the establishment ulty, their employment and further training.

Students and Student Organizations

With about 8,000 students (or over 10 per cent of places through their organizations, journals and the the total number of university students), the Faculty like. The student organizations operating within the of Economics is one of the largest faculties within Faculty are the Student Federation, Student Union, the University of Belgrade. This fact already points AIESEC, Sports Club, various working groups and to a very active social life of its students which takes a special form of work – the Marketing Workshop.

Winners at the Management Games, Montenegro, 2007

78 THE FIRST AND THE ONE for their candidates from twenty or so lists of candidates.

Over the past years, the Faculty has invested a considerable amount of money in the improvement of its teaching activities and students’ social life. Thus, the Faculty is the venue for various events, which take place in the evenings and are mostly humanitarian in character. There is also the Student Club, where students can meet, talk or refresh themselves when making a break during learning.

Our students also participate successfully in the so- called Economic and Managerial Games, knowledge and skill tournaments that bring together twenty or so faculties and advanced schools in the fields of eco- Students in old cafeteria nomics or business economics. In this jubilee year of Since 2006, there has been also the Student Parlia- the Faculty, the students brought another great rec- ment of the Faculty of Economics, which was consti- ognition to it: they won in the overall standings at the tuted after the elections at which the students voted Economic Games in Kopaonik in May 2012.

Student Parliament

The elections for the members of the first Student Par- liament were staged in the winter semester in 2006. The students enrolled in the study programmes of the Faculty of Economics elect their representatives in the Student Parliament directly, by secret ballot. The elected representatives make decisions within their frame of reference, as stipulated by the Statute and Law. The basic task of the Student Parliament is to enable the articulation of students’ interests and partnership in addressing the issues concerning their studies. Students

IV THE EVE OF 21ST CENTURY • Student Parliament 79 The Student Federation of the Faculty of Economics

The Student Federation of the Faculty of Economics solidarity, tolerance and, in particular, freedom in the (SSEF) is a student organization which has been op- presentation of the student potential, development erating within the Faculty of Economics since its es- of critical thinking and personal involvement in over- tablishment. By its activities, the Student Federation coming problems. promotes the ideas of students’ organizing, student

The Student Union of the Faculty of Economics

The SUEF was formed at the height of the student of student interests, promotion of the economic pro- protest in December 1996. One of the most impor- fession, maintenance of international cooperation, tant aims of the Student Union of the Faculty of Eco- as well as the promotion of tolerance among people. nomics (SUEF) is the improvement of the study condi- It also initiated the journal of the students of the Fac- tions. In addition, it is concerned with the protection ulty of Economics, MonopolList.

Students in the Amphiteather 6

80 THE FIRST AND THE ONE MonopolList The AIESEC at the Faculty of

The journal MonopolList was launched in May Economics 1997. From a two-page pilot project it evolved, Five years after the opening of the first AIESEC Office over time, into a 48-page journal. It became in the world, in 1953, AIESEC Yugoslavia was founded known for its sharp and well-argumented critical at the Faculty of Economics in Belgrade. During the views. In its first years of existence, it happened following decades, the AIESEC at the Faculty of Eco- that it was deprived of its working premises, nomics helped opening other AIESEC offices in the country. Today, the AIESEC at the Faculty of Eco- that the police confiscated all copies and that nomics is not only the largest office due to the size the journal was forbidden by ministerial decrees. of membership, but also due to the high quality and Due to its interesting background and often number of the hitherto results. This organization ironical style, the articles from MonopolList helps young people to develop their skills, such as: were often quoted in the major journals. In a leadership, communications, organization and plan- textbook used at the Faculty of Political Science, ning, project management and the like. MonopolList is given as an example of a special form of journalism – feature journalism. Since November 2006, MonopolList has been part of the European network of student journals (Student Press in Europe – SPINE).

AIESEC performance

IV THE EVE OF 21ST CENTURY • The AIESEC at the Faculty of Economics 81 Marketing Workshop

The Marketing Workshop is a non-profit student organization of the Faculty of Economics concerned with marketing, research projects and the application of the knowledge acquired in the fields of economics and marketing in practice. The aim of this organization is to expand and improve students’ theoretical and practical knowledge at this Faculty. It was set up 20 years ago and so far several hundred

students have participated in it. Advertisment evening in Amphiteather 1

Sports Club

The Faculty of Economics also has the Sports Club male volleyball, basketball and handball teams, as Ekonomist, which has been active for several dec- well the male indoor football team. Great attention ades. Its activities were suspended in the late 1990s is also devoted to individual sports, including specifi- and revived in 2002. The Club has the male and fe- cally chess, table tennis and swimming.

The world’s vice-champion in futsal, Antwerp, 2004. Volleyball Cups Basketball Cups

82 THE FIRST AND THE ONE Teachers Teachers

Slobodan Aćimović...... 84 Јelena Filipović...... 92 Ana Aleksić Mirić...... 84 Milorad Filipović...... 92 Aleksandra Anić...... 84 Mirjana Gligorić...... 92 Mihail Arandarenko...... 84 Mirjana Gligorijević...... 93 Milojko Arsić...... 85 Milan Glišić...... 93 Dragan Azdejković...... 85 Mirjana Ilić ...... 93 Jasna Babić...... 85 Milorad Ivanišević...... 93 Stojan Babić...... 85 Radmila Jablan Stefanović...... 94 Marko Backović...... 86 Miomir Jakšić...... 94 Jurij Bajec...... 86 Maja Jandrić...... 94 Predrag Bjelić...... 86 Nebojša Janićijević...... 94 Zoran Bogetić...... 86 Irena Janković...... 95 Biljana Bogićević Milikić...... 87 Milutin Ješić...... 95 Branislav Boričić...... 87 Ljubinka Joksimović...... 95 Srdjan Bogosavljević...... 87 Biljana Jovanović Gavrilović...... 95 Olgica Bošković...... 87 Danica Jović...... 95 Vladan Božić...... 88 Milena Jovičić...... 96 Miloš Božović...... 88 Marija Jovović...... 96 Bojan Branković...... 88 Đorđe Kaličanin...... 96 Božidar Cerović ...... 88 Vladan Knežević...... 96 Biljana Chroneos-Krasavac ...... 89 Radovan Kovačević...... 96 Lazar Čolić...... 89 Jelena Kočović...... 97 Čedomir Čupić...... 89 Jelena Kozomara...... 97 Ljubiša Dabić...... 89 Gorana Krstić...... 97 Aleksandar Đorđević ...... 89 Vukašin Kuč...... 97 Đorđe Đukić...... 90 Jelena Laušev...... 97 Dragan Djuričin ...... 90 Dragan Lončar...... 98 Tatjana Đurović...... 90 Stipe Lovreta...... 98 Milutin Dobrilović...... 90 Radojko Lukić...... 98 Dragana Draganac...... 91 Velimir Lukić...... 98 Diana Dragutinović...... 91 Milena Lutovac...... 99 Radmila Dragutinović Mitrović...... 91 Dejan Malinić...... 99 Džunić Drinjaković Marija...... 91 Emilija Manić...... 99 Nikola Fabris...... 92 Slavica Manić...... 99 Branko Maričić...... 100 Tatjana Rakonjac-Antić...... 108 Dušan Marković...... 100 Saša Randjelović...... 108 Branko Medojević...... 100 Jelena Rašković...... 108 Veljko Mijušković...... 100 Gojko Rikalovic...... 109 Snežana Miletić...... 101 Bojan Ristić...... 109 Goran Milićević...... 101 Ljubodrag Savić...... 109 Vlade Milićević...... 101 Vojislav Sekerez...... 109 Milić Milovanović...... 101 Nadežda Silaški...... 110 Sanja Mitić...... 102 Kata Škarić Jovanović...... 110 Djordje Mitrović...... 102 Dejan Šoškić...... 110 Zorica Mladenović...... 102 Jasna Soldić-Aleksić...... 110 Dejan Molnar...... 102 Mladen Stamenković...... 111 Nikola Njegovan...... 103 Rade Stankić...... 111 Aleksandra Nojković ...... 103 Jelena Stanojević...... 111 Galjina Ognjanov...... 103 Sandra Stojadinović Jovanović...... 111 Marija Pantelić...... 103 Božo Stojanović...... 111 Blagoje Paunović...... 103 Stojanovic Zaklina...... 112 Jelena Perović...... 104 Dragan Stojković...... 112 Goran Petković...... 104 Svetozar Tanaskovic...... 112 Mirjana Petković...... 104 Miroslav Todorović...... 112 Ljiljana Petrović...... 104 Dejan Trifunović...... 113 Marina Petrović ...... 105 Branko Urošević...... 113 Pavle Petrović...... 105 Dušanka Ušćumlić...... 113 Dragana Pokrajčić...... 105 Vladimir Vasić...... 113 Danica Popović...... 105 Saša Veljkovıć...... 114 Ivana Popović Petrović...... 105 Savka Vučković Milutinović...... 114 Svetlana Popović...... 106 Ivan Vujačić...... 114 Zoran Popović...... 106 Iva Vuksanović...... 114 Vladimir Poznanić...... 106 Jelena Žarkovic Rakić...... 115 Ivana Prica...... 106 Siniša Zarić...... 115 Aleksandra Praščević...... 107 Aleksandra Zečević...... 115 Siniša Radić...... 107 Bojan Zečević...... 115 Biljana Radivojević...... 107 Aleksandar Živković...... 116 Vesna Rajić...... 107 Boško Živković...... 116 Branko Rakita...... 108 Slobodan Aćimović, graduated in 1993 from the Economics. Employed at the Faculty of Economics, University of Belgrade, Faculty of University of Belgrade since 2011. Appointed Teaching Economics. PhD degree obtained Associate in 2011. Main fields of interest and research: in 2001 at the University of econometrics and quantitative finance. Courses taught on Belgrade, Faculty of Economics. the undergraduate level: Economic statistics Employed at the Faculty of Mihail Arandarenko, graduated in 1987 from the Economics, University of University of Belgrade, Faculty of Belgrade since 1995. Appointed Economics. PhD degree obtained Full Professor in 2011. Main fields in 1998 at the University of of interest and research: Business Belgrade, Faculty of Economics. Economy and Management, Logistics Management, Employed at the Faculty of Supply Chain Management. Courses taught on the Economics, University of undergraduate level: Marketing logistics, Supply Chain Belgrade since 1990. Appointed Management, also teaches on Master and PhD courses. Full Professor in 2011. Main fields Member of: CSCMP - Council of Supply Chain Management of interest and research: labor Professionals - USA, GBATA - Global Business & Technology economics, labor market and social policies. Courses Association - USA, ERENET - Entrepreneurship Research. taught on the undergraduate level: Labor Economics, also Ana Aleksić Mirić, graduated in 2002 from the teaches on Master and PhD courses. Member of: Scientific University of Belgrade, Faculty of Society of Economists in Serbia, SYSDEM Network, Economics. PhD degree obtained European Employment Observatory. in 2009 at the University of Belgrade, Faculty of Economic. Employed at the Faculty of Economics, University of Belgrade since 2003. Appointed Teaching Assistant Professor in 2009. Main fields of interest and research: Organizational Design, Organizational Behavior Knowledge Management. Courses taught on the undergraduate level: Organization of Enterprises, also teaches on Master courses. Member of: Scientific Society of Economists in Serbia, Organization Design Community.

Aleksandra Anić, graduated in 2010 from the University of Belgrade, Faculty of Economics. Current Master student since 2010 at the University of Belgrade, Faculty of

86 THE FIRST AND THE ONE Milojko Arsić, graduated in 1989 from the Univer- Jasna Babić, graduated in 1998 from the University sity of Belgrade, Faculty of of Belgrade, Faculty of Econom- Economics. PhD degree obtained ics. PhD degree obtained in 2012 in 2006 at the University of at the University of Belgrade, Belgrade, Faculty of Economics. Faculty of Economics. Employed Employed at the Faculty of at the Faculty of Economics Economics University of Belgrade University of Belgrade since 1999. since 2008. Appointed Assistant Appointed Teaching Assistant in Professor in 2008. Main fields of 1999. Main fields of interest and interest and research: Public research: Quality Management, finance, Fiscal policy, Macroeconomics. Courses taught on Commercial Knowledge of Products. Courses taught on the undergraduate level : Public finance, Fiscal policy, also the undergraduate level: Quality Management and teaches on Master and PhD courses. Member of: Scientific Commercial Knowledge of Products. Member of: Scientific Society of Economists in Serbia. Society of Economists in Serbia, SeMA – Serbian marketing association. Dragan Azdejković, graduated in 1989 from the Faculty of Mathematics, Stojan Babić, graduated in 1971 from the University University of Belgrade. PhD of Belgrade, Faculty of Econom- degree obtained in 2012 at the ics. PhD degree obtained in 1979 University of Belgrade, Faculty of at the University of Belgrade, Economics. Employed at the Faculty of Economics. Employed Faculty of Economics University at the Faculty of Economics, of Belgrade since 1990. Appoint- University of Belgrade since 1972. ed Teaching Assistant in 1990. Appointed Full Professor in 1993. Main fields of interest and Main fields of interest and research: Game Theory, Decision Theory. Courses taught research: Microeconomic Theory, on the undergraduate level: Decision Theory, Mathemat- International Trade. Courses taught on the undergraduate ics, also teaches on Master courses. Member of: PISA level: Price Theory, Industrial Organization, also teaches Serbia on Master and PhD courses. Member of: Scientific Society of Economists in Serbia, EACES (European Association for Comparative Economic Studies).

TEACHERS 87 Marko Backović, graduated in 1979 from Univer- Predrag Bjelić, graduated in 1996 from the sity of Montenegro, Faculty of University of Belgrade, Faculty of Economics, PhD degree obtained Economics. PhD degree obtained in 1992 at the University of in 2003 at University of Belgrade, Belgrade, Faculty of Economics. Faculty of Economics. Employed Employed at the Faculty of at the Faculty of Economics, Economics University of Belgrade University of Belgrade since since 1980. Appointed Full 2002. Appointed Associate Professor in 2004. Main fields of Professor in 2008. Main fields of interest and research: Opera- interest and research: Interna- tional research, Mathematical Economics. Courses taught tional Trade, Electronic Commerce, EU Economics. Courses on the undergraduate level: Economic and Mathematical taught on the undergraduate level: International Trade, Methods and Models, Mathematical Economics, also Economics of the EU, also teaches on Master and PhD teaches on Master and PhD courses. Member of: Associa- courses. Member of: Scientific Society of Economists in tion of Operational Researchers of Serbia and Europe, Serbia, Association for International Law of Serbia and Scientific Society of Economists in Serbia. Montenegro, Society for the Study of Emerging Markets.

Jurij Bajec, graduated in 1968 from the University of Zoran Bogetić, graduated in 2001 from the Belgrade, Faculty of Economics. University of Belgrade, Faculty of PhD degree obtained in 1975 at Economics. PhD degree obtained the University of Belgrade, in 2006 at the University of Faculty of Economics. Employed Belgrade, Faculty of Economics. at the Faculty of Economics, Employed at the Faculty of University of Belgrade since 1969. Economics, University of Appointed Full Professor in 1989. Belgrade since 1991. Appointed Main fields of interest and Associate Professor in 2011. Main research: Comparative Economic fields of interest and research: Systems, Economic Development, Public Sector Econom- retailing, marketing channels, category management. ics. Courses taught on the undergraduate level: Contem- Courses taught on the undergraduate level: Marketing porary Economic Systems, Public Sector Economics, also Channels, Trade Management, also teaches on Master and teaches on Master and PhD courses. Member of: Scientific PhD courses. Member of: Serbian Marketing Association, Society of Economists in Serbia, Academy of Economic Scientific Society of Economists in Serbia. Science, Presidency of the Serbian Economist Association.

88 THE FIRST AND THE ONE Biljana Bogićević Milikić, graduated in 1994 Srdjan Bogosavljević, graduated in 1974 from from the University of Belgrade, the University of Belgrade, Faculty of Economics. Master Faculty of Mathematics. PhD degrees obtained from the degree obtained in 1981 at the University of Belgrade and the University of Belgrade, Faculty of University of Cambridge, UK. PhD Economics. Employed at the degree obtained in 2001 at the Faculty of Economics, University Faculty of Economics, University of Belgrade since 2010. Appoint- of Belgrade. Employed at the ed Full Professor in 1995. Main Faculty of Economics, University fields of interest and research: of Belgrade since 1995. Appointed Full Professor in 2011. Mathematical Statistics, Data Analysis, Marketing Main fields of interest and research: organization theory, Research. Courses taught on the undergraduate level: design and behavior, human resource management, and Marketing Research, Statistics, also teaches on Master international human resource management. Courses courses. Member of: Statistician Society of Serbia, taught on the undergraduate level: Organization of ESOMAR, ISI. Enterprises, Human Resource Management, also teaches Olgica Bošković, graduated in 1989 from the on Master and PhD courses. Member of: Scientific Society University of Belgrade, Faculty of of Economists in Serbia; European Academy of Manage- Economics. PhD degree obtained ment, Belgium; European Group for Organizational in 2000 at the University of Studies, Germany. Belgrade, Faculty of Economics. Branislav Boričić, graduated in 1977 from the Employed at the Faculty of Faculty of Mathematics, Economics, University of University of Belgrade. PhD Belgrade since 1989. Appointed degree obtained in 1984 at the Associate Professor in 2010. Main Faculty of Mathematics, fields of interest and research: University of Belgrade. Employed Labor Market Analyses, Demography, Rural Development. at the Faculty of Economics Courses taught on the undergraduate level: Basics of University of Belgrade since 1978. Statistical Analysis, Applied Statistics in the Field of Appointed Full Professor in 1995. Demographic Analysis, also teaches on Master and PhD Main fields of interest and courses. Member of: Serbian Statistical Society(SSDJ), research: Mathematical Logic, Mathematical Economics. Scientific Society of Economists in Serbia. Courses taught on the undergraduate level: Mathematics, Logic, Mathematical Economics and Methodology of Science, also teaches on Master and PhD courses. Member of: Association for Symbolic Logic, American Mathematical Society, Mathematical Association of America, Scientific Society of Economists in Serbia.

TEACHERS 89 Vladan Božić, graduated in 1971 from the University Bojan Branković, graduated in 2001 from the of Belgrade, Faculty of Econom- University of Belgrade, Faculty of ics. PhD degree obtained in 1981 Economics. Current PhD student at the University of Belgrade, since 2009 at the Faculty of Faculty of Economics. Employed Economics University of at the Faculty of Economics, Belgrade. Master’s degree University of Belgrade since 1973. obtained in 2007 at the Faculty of Appointed Full Professor in 1995. Economics, University of Main fields of interest and Belgrade. Employed at the research: Economics of Transpor- Faculty of Economics University tation, Marketing Logistics, Financial consulting. Courses of Belgrade since 2003. Appointed Teaching Assistant in taught on the undergraduate level: Economics of Trans- 2003. Main fields of interest and research: Internal audit, portation, Marketing Logistics, also teaches on Master accounting information systems, financial accounting, and PhD courses. Member of: Association of Appraisers of forensic accounting. Member of: Association of internal Serbia (president), Scientific Society of Economists in auditors of Serbia. Serbia. Božidar Cerović, graduated in 1970, from the Miloš Božović, graduated in 2000 from the Faculty University of Belgrade, Faculty of of Physics, University of Belgrade. Economics. PhD degree obtained PhD degrees obtained: in 2005 at in 1979 at the University of the University of Belgrade, Belgrade, Faculty of Economics. Faculty of Physics (PhD in Employed with the Faculty of Physics), in 2009 at the University Economics, University of Pompeu Fabra, Department of Belgrade since 1971. Appointed Economics and Business (PhD in Full Professor in 1992. Main fields Economics). Employed at the of interest and research: Econom- Faculty of Economics, University ics of Transition, Comparative Economics. Courses taught of Belgrade since 2012. Appointed Assistant Professor in on the undergraduate level: Principles of Economics, 2012. Main fields of interest and research: Financial Economics of Transition, also teaches on Master and PhD Economics - risk and uncertainty modeling, derivatives, courses. Member of: Scientific Society of Economists in financial markets and institutions. Courses taught on the Serbia, President; Academy of Economic Sciences, undergraduate level: Financial Economics; Quantitative European Association of Comparative Economic Studies. Finance, also teaches on Master and PhD courses. Member of: Professional Risk Managers International Association (PRMIA), Global Association of Risk Professionals (GARP).

90 THE FIRST AND THE ONE Biljana Chroneos-Krasavac, graduated in PhD courses. Member of: Serbian Political Science 1988 from the University of Novi Association, Sociological Society of Serbia. Sad, Faculty of Economics. PhD Ljubiša Dabić, graduated in 1976 from the Faculty degree obtained in 2005 at the of Law, University of Belgrade. University of Belgrade, Faculty of PhD degree obtained in 1988 at Economics. Employed at the the University of Belgrade, Faculty of Economics, University Faculty of Law. Employed at the of Belgrade since 1989. Appointed Faculty of Economics, University Assistant Professor in 2005. of Belgrade since 2003. Appoint- Courses taught on the under- ed Full Professor in 2009. Main graduate level: Marketing Research. fields of interest and research: Lazar Čolić, graduated in 2011 from the University of International Commercial Law, Belgrade, Faculty of Economics. Business Law, Joint Ventures and Concessions. Courses Current Master student, since taught on the undergraduate level: Business Law, also 2011, at the University of teaches on Master courses. Member of: The Business Belgrade, Faculty of Economics. Lawyers Association of the Republic of Serbia, Society of Employed at the Faculty of International Law Serbia, International Council of Economics University of Belgrade Environmental Law. since 2011. Appointed Teaching Aleksandar Đorđević, graduated in 2003 from Associate in 2012. Main fields of the University of Belgrade, interest and research: Economet- Faculty of Economics. PhD rics, Multivariate analysis. Courses taught on the under- degree obtained in 2011 at the graduate level: Marketing research, Economic-mathemati- University of Belgrade, Faculty of cal methods and models. Economics. Employed at the Čedomir Čupić, graduated in 1972 from the Faculty Faculty of Economics, University of Political Science, University of of Belgrade since 2006. Appoint- Belgrade. PhD degree obtained in ed Assistant Professor in 2012. 1990 at the Faculty of Political Main fields of interest and Science, University of Belgrade. research: Management and marketing in tourism, Employed at the Faculty of Consumer behavior and customer focus marketing. Economics, University of Courses taught on the undergraduate level: Management Belgrade since 2001. Appointed in tourism, Consumer behavior, also teaches on Master Teaching Full Professor in 2002. courses. Member of: Serbian marketing association, Main fields of interest and Economic and business forum - European movement in research: ethics in politics, political power and sociology of Serbia, European marketing academy. morality. Courses taught on the undergraduate level: sociology, sociology of leisure, also teaches on Master and

TEACHERS 91 Đorđe Đukić, graduated in 1975 from the University Tatjana Đurović, graduated in 1987 from the of Belgrade, Faculty of Econom- Faculty of Philology (English ics. PhD degree obtained in 1984 Language and Literature), at the University of Kragujevac, University of Belgrade. PhD Faculty of Economics. Employed degree obtained in University of at the Faculty of Economics, Belgrade, Faculty of Philology, University of Belgrade since 1996. 2006. Employed at the Faculty of Appointed Full Professor in 1996. Economics, University of Main fields of interest and Belgrade since 1994. Appointed research: Financial risks in Assistant Professor in 2007. Main banking industry; Monetary policy transmission mecha- fields of interest and research: Cognitive Linguistics, ESP nisms; Choice of optimal exchange rate regime. Course (English for Specific Purposes), Applied Linguistics. Courses taught on the undergraduate level: Banking, also teaches taught on the undergraduate level: English Language, on Master and PhD courses. Member of: Scientific Society English for Economists. Member of: Applied Linguistics of Economists in Serbia Association of Serbia, Foreign Language and Literature Association of Serbia, ST&D (Society for Text and Dis- Dragan Djuričin, graduated in 1978 from the course). University of Belgrade, Faculty of Economics. PhD degree obtained Milutin Dobrilović, graduated in 2002 from the in 1986 at the University of University of Belgrade, Faculty of Belgrade, Faculty of Economics. Economics. Current PhD student Employed at the Faculty of since 2011 year at the University Economics, University of of Belgrade, Faculty of Econom- Belgrade since 1978. Appointed ics. Master’s degree obtained in Full Professor in 1996. Main fields 2010 at University of Belgrade, of interest and research: crisis Faculty of Economics. Employed management, corporate governance. Courses taught on at the Faculty of Economics, the undergraduate level: Strategic management, Project University of Belgrade since management, also teaches on Master and PhD courses. 2003. Appointed Teaching Assistant in 2003. Main fields of Member of: Serbian Economists Association and Serbian interest and research: Entrepreneurship, Business Association of Corporate Directors. Management. Courses taught on the undergraduate level: Economics of Entreprise, Entrepreneurship and SME Management. Member of: League for Consumer Rights’ Protection.

92 THE FIRST AND THE ONE Dragana Draganac, graduated in 2008 from the Radmila Dragutinović Mitrović, graduated University of Belgrade, Faculty of in 1993 from the Faculty of Economics. Current PhD student, Economy, University of Belgrade. since 2010 at the University of PhD degree obtained in 2005 at Belgrade, Faculty of Economics. the University of Belgrade, Employed at the Faculty of Faculty of Economics. Employed Economics, University of at the Faculty of Economics, Belgrade since 2008. Appointed University of Belgrade since 1996. Teaching Assistant in 2011. Main Appointed Teaching Associate fields of interest and research: Professor in 2010. Main fields of Corporate Finance. Courses taught on the undergraduate interest and research: Econometrics of panel data, Applied level: Corporate Finance, Operational and Financial statistics, Modeling of international trade, performance of Restructuring of Companies transition economies. Courses taught on the undergraduate level: Basics of statistical analysis, also teaches on Diana Dragutinović, graduated in 1982 from the Master and PhD courses. Member of: Scientific Society of University of Belgrade, Faculty of Economists in Serbia, Serbian Statistical Association Economics. PhD degree obtained in 1993 at the University of Džunić Drinjaković Marija, graduated in 1978 Belgrade, Faculty of Economics. from the Faculty of Philology, Employed at the Faculty of University of Belgrade. PhD Economics, University of degree obtained in 1997 at the Belgrade since 1999. Appointed Faculty of Philology, University of Associate Professor in 2012. Main Belgrade. Employed at the fields of interest and research: Faculty of Economics, University Macroeconomics modeling; Economic Growth; Monetary, of Belgrade since 1989. Appointed fiscal and financial stability policy. Courses taught on the Associate Professor in 2008. undergraduate level: Theory of Economic Growth and Main fields of interest and Development; Monetary and Financial Stability, also research: French Language and Literature, French for teaches on Master and PhD courses. Member of: Scientific Special Purposes, Translation Studies. Courses taught on Society of Economists in Serbia. the undergraduate level: French Language, French for Economists, also teaches on Master courses. Member of: CLARE (France), Association of Translators of Literature (Serbia).

TEACHERS 93 Nikola Fabris, graduated in 1994 from the Univer- Milorad Filipović, graduated in 1981 from the sity of Belgrade, Faculty of University of Belgrade, Faculty of Economics. PhD degree obtained Economics. PhD degree obtained in 2002 at the University of in 1988 at the University of Belgrade, Faculty of Economics. Belgrade, Faculty of Economics. Employed at the Faculty of Employed at the Faculty of Economics, University of Economics University of Belgrade Belgrade since 1995. Appointed since 2000. Appointed Associate Associate Professor in 2008. Professor in 2010. Main fields of Main fields of interest and interest and research: Sustain- research: Macroeconomics, Economic Policy and Mon- able Development, Transition and Reforms, Rural and etary Policy. Courses taught on the undergraduate level: Regional Development. Courses taught on the undergrad- Macroeconomics, Theory and Analysis of Economic Policy, uate level: Economic Development Theory and Planning; also teaches on Master and PhD courses. Member of: Technology Policy and Development, also teaches on Scientific Society of Economists in Serbia. Master and PhD courses. Member of: Association of Serbian Economists (SES); Scientific Society of Economists Јelena Filipović, graduated in 2005 from the in Serbia; Association of Environmental and Resource University of Belgrade, Faculty of Economists of Europe Economics. PhD degree obtained in 2011 at the University of Mirjana Gligorić, graduated in 2006 from the Belgrade, Faculty of Economics. Faculty of Economy, University of Employed at the Faculty of Belgrade. Current PhD student, Economics, University of since 2008 at the University of Belgrade since 2008. Appointed Belgrade, Faculty of Economics. Assistant Professor in 2012. Main Master’s degree obtained in 2008 fields of interest and research: at the University of Belgrade, Fac- Internet communications, Children as consumers. Courses ulty of Economics. Employed at taught on the undergraduate level: Marketing Communi- the Faculty of Economics, cations, Services Marketing. Member of: EMAC, IAA, University of Belgrade since 2007. SeMA. Appointed Teaching Assistant in 2009. Main fields of interest and research: determinants of economic growth, econometric modeling of foreign trade. Courses taught on the undergraduate level: National economy, Technological development and policy. Member of: Belgrade Society of Economists.

94 THE FIRST AND THE ONE Mirjana Gligorijević, graduated in 1988 from the Mirjana Ilić, graduated in 1990 from the Faculty of University of Belgrade, Faculty of Mathematics, University of Economics. PhD degree obtained Belgrade. PhD degree obtained in in 2000 at the University of 2008 at the University of Belgrade, Faculty of Economics. Belgrade, Faculty of Mathemat- Employed at the Faculty of ics. Employed at the Faculty of Economics University of Belgrade Economics, University of since 1989. Appointed Full Belgrade since 2009. Appointed Professor in 2012. Main fields of Assistant Professor in 2009. Main interest and research: Marketing, fields of interest and research: Business Marketing, Strategic Marketing. Courses taught Mathematical logic, proof theory, automated theorem on the undergraduate level: Marketing, Business Market- proving. Courses taught on the undergraduate level: Math- ing, also teaches on Master and PhD courses. Member of: ematics. Member of: Serbian association of pure and EMAC, IAA, NDE, SEMA. applied logic.

Milan Glišić, graduated in 2006 from the University Milorad Ivanišević, graduated in 1971 from the of Belgrade, Faculty of Econom- University of Belgrade, Faculty of ics. Current PhD student since Economics. PhD degree obtained 2010 at the University of in 1986 at the University of Belgrade, Faculty of Economics. Belgrade, Faculty of Economics. Employed at the Faculty of Employed at the Faculty of Economics, University of Economics, University of Belgrade since 2009. Appointed Belgrade since 1977. Appointed Teaching Assistant in 2011. Main Full Professor in 1999. Main fields fields of interest and research: of interest and research: Financial Management Accounting and Financial Analysis. Courses Management, Accounting. Courses taught on the taught on the undergraduate level: Management Account- undergraduate level: Business Finance, Business and ing. Member of: CFA Institute. Financial Restructuring of the Firm, also teaches on Master and PhD courses. Member of: Scientific Society of Economists in Serbia, Association of Accountants and Auditors of Serbia.

TEACHERS 95 Radmila Jablan Stefanović, graduated in 1980 Maja Jandrić, graduated in 2001 from the Univer- from the University of Belgrade, sity of Belgrade, Faculty of Faculty of Economics. PhD Economics. Master’s degree degree obtained in 1987 at the obtained in 2006 at the Univer- University of Belgrade, Faculty of sity of Belgrade, Faculty of Economics. Employed at the Economics. Employed at the Faculty of Economics, University Faculty of Economics, University of Belgrade since 1980. Appoint- of Belgrade since 2002. Appoint- ed Full Professor in 2010. Main ed Teaching Assistant in 2007. fields of interest and research: Main fields of interest and Cost Accounting, Cost Management, Accounting Informa- research: Macroeconomics, Labor Market. Courses taught tion. Courses taught on the undergraduate level: Account- on the undergraduate level: Basics of Macroeconomics, ing, Auditing and Financial Management, also teaches on Theory and Analysis of Economic Policy. Master and PhD courses. Member of: Serbian Association Nebojša Janićijević, graduated in 1983 from the of Accountants and Auditors, Scientific Society of Econo- University of Belgrade, Faculty of mists in Serbia. Economics. PhD degree obtained Miomir Jakšić, graduated in 1976 from the Faculty in 1993 at the University of of Economy, University of Belgrade, Faculty of Economics. Belgrade and also graduated Employed at the Faculty of from the Faculty of Political Economics, University of Sciences, University of Belgrade, Belgrade since 1985. Appointed in 1976. PhD degree obtained in Full Professor in 2004. Main fields 1982 at the University of Belgrade, of interest and research: Faculty of Economics. Employed Organizational Behavior, Organizational Change Manage- at the Faculty of Economics, ment, Organizational Culture. Courses taught on the University of Belgrade since 1976. undergraduate level: Organization of Enterprise, Organi- Appointed Full Professor in 1993. Main fields of interest and zational Change Management, also teaches on Master and research: History of Economics, Macroeconomic Theory, PhD courses. Member of: European Academy of Manage- Macroeconomic Policy. Courses taught on the undergrad- ment. uate level: Macroeconomics, History of Economics, also teaches on Master and PhD courses. Member of: Scientific Society of Serbia, Scientific Society of Economists in Serbia.

96 THE FIRST AND THE ONE Irena Janković, graduated in 2003 from the Union, Economics of Public Sector. Courses taught on the University of Belgrade, Faculty of undergraduate level: Contemporary Economic Systems, Economics. Master’s degree Economics of EU, also teaches on Master and PhD courses. obtained in 2007 at the Univer- Member of: Belgrade Association of Economists, Scientific sity of Belgrade, Faculty of Society of Economists in Serbia. Economics. Employed at the Biljana Jovanović Gavrilović, graduated in Faculty of Economics, University 1975 from the University of of Belgrade since 2007. Appoint- Belgrade, Faculty of Economics. ed Teaching Assistant in 2008. PhD degree obtained in 1988 at Main fields of interest and the University of Belgrade, research: Financial markets, instruments and institutions, Faculty of Economics. Employed Currency mismatch analysis. Courses taught on the at the Faculty of Economics, undergraduate level: Financial Markets, Security Analysis. University of Belgrade since 1976. Member of: Scientific Society of Economists in Serbia. Appointed Full Professor in 2000. Milutin Ješić, graduated in 2011 from the University Main fields of interest and of Belgrade, Faculty of Econom- research: sustainable development, poverty and social ics. Current Master student, since exclusion, economic inequality. Courses taught on the 2011 at the Faculty of Economics undergraduate level: National Economy, also teaches on University of Belgrade. Employed Master and PhD courses. Member of: Scientific Society of at the Faculty of Economics Economists in Serbia. University of Belgrade since 2012. Danica Jović, graduated in 1988 from the University Appointed Teaching Associate in of Belgrade, Faculty of Econom- 2012. Main fields of interest and ics. Master’s degree obtained in research: Macroeconomics and 2001 at the University in economic policy. Courses taught on the undergraduate Belgrade, Faculty of Economics. level: Basics of Macroeconomics, Macroeconomic analysis. Employed at the Faculty of Ljubinka Joksimović, graduated in 1975 from the Economics, University of University of Belgrade, Faculty of Belgrade since 1988. Appointed Economics. PhD degree obtained Teaching Assistant in 2001. Main in 1983 at the University of fields of interest and research: Belgrade, Faculty of Economics. Accounting and Financial Reporting by Entities in Public Employed at the Faculty of Sector; Financial Analysis. Courses taught on the under- Economics, University of graduate level: Financial Accounting. Member of: Associa- Belgrade since 1976. Appointed tion of Accountants and Auditors of Serbia; Scientific Full Professor in 1997. Main fields Society of Economists in Serbia. of interest and research: Comparative Economic Systems, Economics of European

TEACHERS 97 Milena Jovičić, graduated in 1967 from the Đorđe Kaličanin, graduated in 1996 from the University of Belgrade, Faculty of University of Belgrade, Faculty of Economics. Master’s degree Economics. PhD degree obtained obtained in 1970 from the in 2005 at the University of University of Michigan, Ann Belgrade, Faculty of Economics. Arbor, USA. PhD degree obtained Employed at the Faculty of in 1977 at the University of Economics, University of Belgrade, Faculty of Economics. Belgrade since 1997. Appointed Employed at the Faculty of Associate Professor in 2010. Main Economics, University of fields of interest and research: Belgrade since 1975. Appointed Full Professor in 1989. Main Management, Strategic Management, Strategic Finance. fields of interest and research: Econometric Methods, Courses taught on the undergraduate level: Strategic Macroeconomic Modelling, Economic Policy. Courses Management, also teaches on Master and PhD courses. taught on the undergraduate level: Econometrics, Member of: Scientific Society of Economists in Serbia. Statistical Quality Control, also teaches on Master and Vladan Knežević, graduated in 1989 from the PhD courses. Member of: Academy of Economic Sciences University of Belgrade, Faculty of and Scientific Society of Economists in Serbia, European Economics. Master’s degree Association for Comparative Economic Studies, Interna- obtained in 2000 at the Univer- tional Association for the Economics of Participation. sity of Belgrade, Faculty of Marija Jovović, graduated in 2007 from the Economics. Employed at the University of Belgrade, Faculty of Faculty of Economics, University Economics. Current PhD student, of Belgrade since 1989. Appointed since 2009 at the University of Teaching Assistant in 2000. Main Belgrade, Faculty of Economics. fields of interest and research: Master’s degree obtained in 2009 Cost Accounting, Cost Management. Courses taught on at the University of Belgrade, Fac- the undergraduate level: Cost Accounting, Financial ulty of Economics. Employed at Accounting, Managerial Accounting. the Faculty of Economics, Radovan Kovačević, graduated in 1979 from the University of Belgrade since University of Belgrade, Faculty of 2009. Appointed Teaching Assistant in 2010. Main fields of Economics. PhD degree obtained interest and research: Insurance and Actuarial. Courses in 1990 at the University of taught on the undergraduate level: Insurance, Pension and Belgrade, Faculty of Economics. Health Insurance. Member of: Actuarial Association of Employed at the Faculty of Serbia, International Actuarial Association. Economics, University of Belgrade since 2009. Appointed Full Professor in 2009. Main fields of interest and research:

98 THE FIRST AND THE ONE International Monetary System, Exchange Rate Policy, Gorana Krstić, graduated in 1990 from the Balance of Payments. Courses taught on the undergradu- University of Belgrade, Faculty of ate level: International Finance, Economic Relation of Economics. PhD degree obtained Serbia with Abroad, also teaches on Master and PhD in 2002 at Sussex University, courses. Member of: Scientific Society of Economists in Brighton, School of Social Serbia. Sciences. Employed at the Faculty of Economics, University Jelena Kočović, graduated in 1978 from the of Belgrade since 2008. Appoint- University of Belgrade, Faculty of ed Assistant Professor 2008. Economics. PhD degree obtained Main fields of interest and in 1988 at the University of research: Labor Market and Poverty. Courses taught on Belgrade, Faculty of Economics. the undergraduate level: Economic Statistics also teaches Employed at the Faculty of on PhD courses. Economics, University of Belgrade since 1979. Appointed Vukašin Kuč, graduated in 2006 from the Univer- Teaching Full Professor in 2000. sity of Belgrade, Faculty of Main fields of interest and Economics. Current PhD student, research: financial mathematics, actuarial and insurance. since 2009 at the University of Courses taught on the undergraduate level: Financial and Belgrade, Faculty of Economics. Actuarial Mathematics, Insurance, also teaches on Master Master’s degree obtained in 2009 and PhD courses. Member of: Actuarial Association of at the University of Belgrade, Fac- Serbia, Philosophy and Economics Society MGU Lomono- ulty of Economics. Employed at sov, International Actuarial Association. the Faculty of Economics, University of Belgrade since 2007. Jelena Kozomara, graduated in 1980 from the Appointed Teaching Assistant in 2010. Main fields of University of Belgrade, Faculty of interest and research: Corporate Restructuring, Credit Economics. PhD degree obtained Ratings. Courses taught on the undergraduate level: in 1993 at the University of Strategic Management. Belgrade, Faculty of Economics. Employed at the Faculty of Jelena Laušev, graduated in 2002 from the Economics, University of University of Novi Sad, Faculty of Belgrade since 1990. Appointed Economics. PhD degree obtained Full Professor in 2004. Main fields in 2011 at University of Notting- of interest and research: ham, School of Economics, International Economic Relations, Foreign Trade Opera- United Kingdom. Employed at tions, International Trade Financing. Courses taught on the Faculty of Economics, the undergraduate level: International Economy and University of Belgrade since Foreign Trade, Trade Marketing and Management, also 2005. Appointed Assistant teaches on Master courses. Professor in 2012. Main fields of

TEACHERS 99 interest and research: Labor Economics, Economics of Society of Economists in Serbia, Serbian Marketing Transition. Courses taught on the undergraduate level: Association. Principles of Economics, Economics of Transition. Member Radojko Lukić, graduated in 1976 from the of: Royal Economic Society (RES), European Association of University of Belgrade, Faculty of Labor Economists (EALE), American Economic Association Economics. PhD degree obtained (AER). in 1986 at the University of Dragan Lončar, graduated in 2001 from the Belgrade, Faculty of Economics. University of Belgrade, Faculty of Employed at the Faculty of Economics. PhD degree obtained Economics, University of in 2007 at the University of Belgrade since 1977. Appointed Belgrade, Faculty of Economics. Full Professor in 2003. Main fields Employed at the Faculty of of interest and research: Cost in Economics, University of retail Courses taught on the undergraduate level: Special Belgrade since 2003. Appointed Accounting, Accounting of Trade Enterprises, also teaches Assistant Professor in 2008. Main on Master and PhD courses. fields of interest and research: Velimir Lukić, graduated in 2003 from the Strategic management, Project management, Corporate University of Belgrade, Faculty of Finance. Courses taught on the undergraduate level: Economics. Current PhD student, Strategic Management, Project Management, also since 2008 at the University of teaches on Master and PhD courses. Member of: Serbian Belgrade, Faculty of Economics. Economists Society, Fulbright Association, Cambridge Master’s degree obtained in 2007 Association. at the University of Belgrade, Fac- Stipe Lovreta, graduated in 1971 from the Univer- ulty of Economics. Employed at sity of Belgrade, Faculty of the Faculty of Economics, Economics. PhD degree obtained University of Belgrade since in 1978 at the University of 2004. Appointed Teaching Assistant in 2008. Main fields of Belgrade, Faculty of Economics. interest and research: Finance, Monetary Economics, Employed at the Faculty of Banking. Courses taught on the undergraduate level: Economics, University of Monetary economics, Banking business and payments Belgrade since 1975. Appointed systems. Member of: Scientific Society of Economists in Full Professor in 1990. Main fields Serbia. of interest and research: Marketing Channels Management, Commercial management and marketing, Trade policy and transformation in Trade Sector. Courses taught on the undergraduate level: Marketing Channels, Commercial management, also teaches on Master and PhD courses. Member of: Scientific

100 THE FIRST AND THE ONE Milena Lutovac, graduated in 2010 from the Emilija Manić, graduated in 2000, from the University of Belgrade, Faculty of Faculty of Geography University Economics. Current Master of Belgrade. PhD degree obtained student, since 2010 at the Faculty in 2008 at the Faculty of of Economics, University of Geography, University of Belgrade. Employed at the Belgrade. Employed at the Faculty of Economics, University Faculty of Economics, University of Belgrade since 2012. Appointed of Belgrade since 2002. Appoint- Teaching Associate in 2012. Main ed Assistant Professor in 2009. fields of interest and research: Main fields of interest and economic policies and development. Courses taught on research: Economic Geography, GIS and Tourism Geogra- the undergraduate level: Industrial economics. phy. Courses taught on the undergraduate level : Economic Geography, Organization and Protection Space in Tourism, Dejan Malinić, graduated in 1985, from the Faculty also teaches on Master courses. Member of Serbian of Economics, University of Geographical Society. Kragujevac. PhD degree obtained in 1998 at the Faculty of Econom- Slavica Manić, graduated in 1988, from the ics, University of Belgrade. University of Belgrade, Faculty of Employed at the Faculty of Economics. PhD degree obtained Economics University of Belgrade in 1997 at the University of since 1989. Appointed full Belgrade, Faculty of Economics. professor in 2009. Main fields of Employed at the Faculty of interest and research: manage- Economics University of Belgrade ment accounting, financial reporting and corporate since 1989. Appointed Assistant governance. Courses taught on the undergraduate level Professor in 1998, 2004 and Management Accounting, Analysis of Financial State- 2009. Main fields of interest and ments, also teaches on Master and PhD courses. Member research: Economic methodology, Heterodox approaches, of: Association of Accountants and Auditors of Serbia, Economic development. Courses taught on the undergrad- Serbian Association of Economists. uate level: Methodology of Economics, also teaches on Master courses. Member of: Scientific Society of Econo- mists in Serbia.

TEACHERS 101 Branko Maričić, graduated Economics in 1970, Branko Medojević, graduated in 1973, from the from the University of Belgrade, University of Belgrade, Faculty of Faculty of Economics. PhD Economics. PhD degree obtained degree obtained in 1977, at the in 1982 at the University of University of Belgrade, Faculty of Belgrade, Faculty of Economics. Economics. Employed at the Employed at the Faculty of Faculty of Economics, University Economics, University of of Belgrade since 1993. Appointed Belgrade since 1974. Appointed Full Professor in 1991. Main fields Full Professor in 1994. Main fields of interest and research: of interest and research: Econom- Marketing, Marketing research, Consumer Behavior. ic theory, Rent theory, Political economy. Courses taught Courses taught on the undergraduate level: Marketing, on the undergraduate level: Principles of Economics, also Consumer Behavior, also teaches also on Master and PhD teaches on Master courses. Member of: Serbian Associa- courses. Member of: Serbian Marketing Association tion of Economists, Philosophical-economic and Scientific (SEMA), President, Scientific Society of Serbian Econo- Association of Moscow State University “Lomonosov” (The mists. Centre of Social Sciences).

Dušan Marković, graduated in 2004, from the Veljko Mijušković, graduated in 2009, from the Faculty of Economics, University University of Belgrade, Faculty of of Belgrade. Master’s degree Economics. Master’s degree obtained in 2008 at Faculty of obtained in 2010 at the University Economics, University of of Belgrade, Faculty of Econom- Belgrade. Employed at the ics. Current PhD student, since Faculty of Economics, University 2010 at the University of of Belgrade since 2007. Appoint- Belgrade, Faculty of Economics. ed Teaching Assistant in 2007. Employed at the Faculty of Main fields of interest and Economics, University of research: international business and management. Belgrade since 2010. Appointed Teaching Assistant in 2011. Courses taught on the undergraduate level: International Main fields of interest and research: logistics manage- Marketing and International Business and Management. ment, supply chain management. Courses taught on the Member of: Serbian Marketing Association and Associa- undergraduate level: Marketing Logistics, Transport tion of Appraisers of Serbia Economics. Member of: Serbian Marketing Association (SEMA), Scientific Society of Economists in Serbia, Association of Serbian Appraisers.

102 THE FIRST AND THE ONE Snežana Miletić, graduated in 2002, from the Vlade Milićević, graduated in 1993, from the University of Belgrade, Faculty of University of Belgrade, Faculty of Economics. Current PhD student, Economics. PhD degree obtained since 2011, at the University of in 2003 at the University of Belgrade, Faculty of Economics. Belgrade, Faculty of Economics. Master’s degree obtained in 2011 Employed at the Faculty of at the University of Belgrade, Fac- Economics, University of ulty of Economics. Employed at Belgrade since 1994. Appointed the Faculty of Economics, Associate Professor in 2009. University of Belgrade since Main fields of interest and 2003. Appointed Teaching Assistant in 2012. Main fields of research: Management Accounting, Cost Accounting, interest and research: accounting for real estate, forensic Corporate Finance. Courses taught on the undergraduate accounting. Courses taught on the undergraduate level: level: Management Accounting; Analysis of Financial Financial accounting. Statements, also teaches on Master and PhD courses. Member of: Association of Accountatnts and Auditors of Goran Milićević, graduated in 1975, from the Serbia, Chamber of Authorized Auditors of the Republic of Faculty of Economics, University Serbia. of Belgrade. PhD degree obtained in 1984 at the Faculty of Econom- Milić Milovanović, graduated in 1971, from the ics, University of Belgrade. University of Belgrade, Faculty of Employed at the Faculty of Economics. PhD degree obtained Economics University of Belgrade in 1982 at the University of since 1977. Appointed Associate Belgrade, Faculty of Economics. Professor in 1996. Main fields of Employed at the Faculty of interest and research: Urban Economics, University of Econonomics, Environmental Economics, Real Estate Belgrade since 1976. Appointed Economics. Courses taught on the undergraduate level: Full Professor in 1995. Courses Urban Economics, also teaches on Master courses. taught on the undergraduate Member of: Serbian Association of Urbanists. level: Price Theory, Microeconomic Analysis. Fields of interest: microeconomics, economics of regulation. Member of: Scientific Society of Economists in Serbia.

TEACHERS 103 Sanja Mitić, graduated in 2002, from the Faculty of Zorica Mladenović, graduated in 1987, from the Economics, University of University of Montenegro, Belgrade. PhD degree obtained in Faculty of Economics. PhD 2010 at the Faculty of Economics, degree obtained in1994 at the University of Belgrade. Employed University of Belgrade, Faculty of at the Faculty of Economics Economics. Employed at the University of Belgrade since Faculty of Economics University 2002. Appointed Assistant of Belgrade since 1989. Appointed Professor in 2010. Main fields of Full Professor in 2005. Main fields interest and research: Interna- of interest and research: tional business, International marketing, Export. Courses Macroeconometrics and Time series analysis. Courses taught on the undergraduate level: International market- taught on the undergraduate level: Econometrics and ing, also teaches on Master courses. Member of: Scientific Time series analysis, also teaches on Master and PhD Society of Economists in Serbia, Serbian Marketing courses. Member of: Operational Society of Serbia, Association, European Marketing Association. International Atlantic Economic Society, Econometric Society. Djordje Mitrović, graduated in 1999, from the University of Belgrade, Faculty of Dejan Molnar, graduated in 2004, from the Economics. PhD degree obtained University of Belgrade, Faculty of in 2010 at the University of Economics. Master’s degree Belgrade, Faculty of Economics. obtained in 2004 at the Univer- Employed at the Faculty of sity of Belgrade, Faculty of Economics University of Belgrade Economics. Employed at the since 2000. Appointed Teaching Faculty of Economics, University Assistant Professor in 2010. Main of Belgrade since 2009. Appoint- fields of interest and research: ed Teaching Assistant in 2009. transition, macroeconomics, information and communi- Main fields of interest and cation technologies. Courses taught on the undergraduate research: local and regional economic development & level: Principles of Economics. Member of: Scientific creative economy/creative cities. Courses taught on the Society of Economists in Serbia undergraduate level: National Economy. Member of: Society of economists of Belgrade, Matica Srpska (Novi Sad).

104 THE FIRST AND THE ONE Nikola Njegovan, graduated in 2008, from the research: Marketing communications, Advertising, Public University of Belgrade, Faculty of Relations. Courses taught on the undergraduate level: Economics. Current PhD student, Marketing communications, Public Relations, also teaches since 2010 at the University of on Master and PhD courses. Member of: Serbian Market- Belgrade, Faculty of Economics. ing Association – SEMA, Public Relations Society of Serbia Employed at the Faculty of – DSOJ, European Marketing Academy – EMAC Economics University of Belgrade Marija Pantelić, graduated in 1989, from the since 2011. Appointed Teaching University of Belgrade, Faculty of Assistant in 2011. Main fields of Economics. Master’s degree interest and research Labor obtained in 1997 at the University Economics, Theory of Monopolistic competition. Courses of Belgrade, Faculty of Econom- taught on the undergraduate level: Price Theory and ics. Employed at the Faculty of Microeconomic Analysis Economics University of Belgrade Aleksandra Nojković, graduated in 1999, from since 1990. Appointed Teaching the University of Belgrade, Assistant in 1990. Main fields of Faculty of Economics. PhD interest and research: Financial degree obtained in 2007 at the Reporting. Courses taught on the undergraduate level: University of Belgrade, Faculty of Balance Theory and Policy, Financial Reporting of Banks Economics. Employed at the and Enterprises. Member of: Scientific Society of Econo- Faculty of Economics, University mists in Serbia. of Belgrade since 1999. Appointed Blagoje Paunović, graduated in 1977, from the Assistant Professor in 2008. Main University of Belgrade, Faculty of fields of interest and research: Economics. PhD degree obtained Econometrics and Time Series Analysis. Courses taught on in 1992 at the University of the undergraduate level: Macroeconometrics - Panel Data Belgrade, Faculty of Economics. and Time Series Analysis, also teaches on Master and PhD Employed at the Faculty of courses. Economics University of Belgrade Galjina Ognjanov, graduated in 1997, from the since 1978. Appointed Full University of Belgrade, Faculty of Professor in 2004. Main fields of Economics. PhD degree obtained interest and research: Entrepre- in 2004 at the University of neurship and Small Business Management, Investments. Belgrade, Faculty of Economics. Courses taught on the undergraduate level Economics of Employed at the Faculty of Enterprise, Entrepreneurship and Small Business Manage- Economics, University of ment, also teaches on Master and PhDl courses. Member Belgrade since 1999. Appointed of: Presidency of the Serbian Association of Economists. Associate Professor in 2009. Main fields of interest and

TEACHERS 105 Jelena Perović, graduated in 1991, from the Faculty Mirjana Petković, graduated in 1970, from the of Law, University of Belgrade. University of Belgrade, Faculty of PhD degree obtained in 2002 at Economics. PhD degree obtained the Faculty of Law, University of in 1978 at the University of Belgrade. Employed at the Belgrade, Faculty of Economics. Faculty of Economics University Employed at the Faculty of of Belgrade since 1995. Appointed Economics University of Belgrade Associate Professor since 2008. since 1972. Appointed Full Main fields of interest and Professor in 1992. Main fields of research: Contract Law, Interna- interest and research: Organiza- tional Commercial Law, Arbitration Law. Courses taught tional theory and design, Organizational behavior and on the undergraduate level: International Commercial Human Recourse Management. Courses taught on the Law, also teaches on Master courses. Member of: Commis- undergraduate level: Organizational theory and design, sion for the International Sale of Goods of International Human Recourse Management, also teaches on Master Association of Lawyers, Paris, President, International and PhD courses. Member of: Scientific Society of Academy of Comparative Law, Paris, Jurists’ Association of Economists in Serbia. Serbia, Vice president. Ljiljana Petrović, graduated in 1978, from the Goran Petković, graduated in 1986, from the Faculty of Science, University of University of Belgrade, Faculty of Kragujevac. PhD degree obtained Economics. PhD degree obtained in 1988 at the Faculty of Science, in 1994 at the University of University of Kragujevac. Belgrade, Faculty of Economics. Employed at the Faculty of Employed at the Faculty of Economics, University of Economics, University of Belgrade since 1997. Appointed Belgrade since 1987. Appointed Full Professor in 2002. Main fields Full Professor in 2005. Main fields of interest and research: of interest and research: Probability and Statistics, Stochastic Processes. Courses Retailing; Distribution; Sale and Sales Management. taught on the undergraduate level: Mathematics 2, Courses taught on the undergraduate level: Trade Theoretical Statistics, Sampling Theory and Designs of Management; Trade Marketing and Sales Management, Experiments, also teaches on Master and PhD courses. also teaches on Master and PhD courses. Member of: Serbian Economist Association; Serbian Marketing Association

106 THE FIRST AND THE ONE Marina Petrović, graduated in 2005, from the undergraduate level Economics of enterprise, also teaches University of Belgrade, Faculty of on Master and PhD courses. Member of: Scientific Society Economics. Current PhD student of Economists in Serbia, Serbian Health Association. since 2009 at the University of Danica Popović, graduated in 1979, from the Belgrade, Faculty of Economics. University of Belgrade, Faculty of Employed at the Faculty of Economics. PhD degree obtained Economics, University of in 1990 at the University of Belgrade since 2005. Appointed Belgrade, Faculty of Economics. Teaching Assistant in 2009. Main Employed at the Faculty of fields of interest and research: Economics University of Belgrade Market Research, Statistics. Courses taught on the since 1991. Appointed Full undergraduate level: Market Research. Professor in 2006. Main fields of Pavle Petrović, graduated in 1969, year from the interest and research: macroeco- Belgrade University, Faculty of nomics, international economics, economic policy. Economics. PhD degree obtained Courses taught on the undergraduate level: Open in 1977 at the Belgrade University, Economy Macroeconomics, International Economics, also Faculty of Economics. Employed teaches on Master and PhD courses. Member of: EACES at the Faculty of Economics (European Association for Comparative Economic Studies). University of Belgrade since 1976. Ivana Popović Petrović, graduated in 1997, Appointed Full Professor in 1991. from the University of Belgrade, Main fields of interest and Faculty of Economics. Master’s research: Econometrics, degree obtained in 2005 at the International macroeconomics. Courses taught on the University of Belgrade, Faculty of undergraduate level: Econometrics, also teaches on Economics. Employed at the Master and PhD courses. Memeber of Academy of Faculty of Economics University Economic Science. of Belgrade since 2008. Appoint- Dragana Pokrajčić, graduated in 1978, from the ed Teaching Assistant in 2008. University of Belgrade Economic Main fields of interest and Faculty. PhD degree obtained in research: International Trade, Regional Economic 1990 at the University of Belgrade Integrations. Courses taught on the undergraduate level: Economic Faculty. Employed at Foreign Trade Operations, Economics of the European the Faculty of Economics Union. Member of: Scientific Society of Economists in University of Belgrade since 1979. Serbia. Appointed Full Professor in 2005. Main fields of interest and research: Multinationals, Enterpreneurialship, Strategy. Courses taught on the

TEACHERS 107 Svetlana Popović, graduated in 1999, from the Vladimir Poznanić, graduated in 1971, from the University of Belgrade, Faculty of Faculty of Economics, University Economics. Master’s degree of Belgrade. PhD degree obtained obtained in 2006 at the Univer- in 1988 at the Faculty of Organi- sity of Belgrade, Faculty of zational Sciences, University of Economics. Employed at the Belgrade. Employed at the Faculty of Economics, University Faculty of Economics, University of Belgrade since 2000. Appoint- of Belgrade since 1996. Appointed ed Teaching Assistant in 2000. Associate Professor in 1996. Main Main fields of interest and fields of interest and research: research: Monetary Policy, Asset Liability Management. Auditing, Valuation, Comparative Accounting. Courses Courses taught on the undergraduate level: Monetary taught on the undergraduate level: Auditing, Comparative Economics, Banking and payment operations. Member of: Accounting, also teaches on Master courses. Member of: Scientific Society of Economists in Serbia. Chamber of Certified Auditors in Serbia

Zoran Popović, graduated in 1989, from the Ivana Prica, graduated in 1990, from the Faculty of University of Belgrade, Faculty of Economics, University of Economics. PhD degree obtained Belgrade. PhD degree obtained in in 2007 at the University of 2007 at the Faculty of Economics, Belgrade, Faculty of Economics. University of Belgrade. Employed Employed at the Faculty of at the Faculty of Economics Economics University of Belgrade University of Belgrade since 1994. since 1998. Appointed Assistant Appointed Assistant Professor in Professor in 2007. Main fields of 2007. Main fields of interest and interest and research: General research: marketing research, Economic Equilibrium, Game Theory, Mathematical mathematical modeling, trade in services. Courses taught Programming. Courses taught on the undergraduate level: on the undergraduate level: Marketing Research, Math- Economic-mathematical methods and models, Math- ematical Modelling in Economics, also teaches on Master ematical economics, also teaches on Master and PhD and PhD courses. Member of: Scientific Society of courses. Economists in Serbia, Association of Statisticians of Serbia.

108 THE FIRST AND THE ONE Aleksandra Praščević, graduated in 1996, from Biljana Radivojević, graduated in 1976, from the the Faculty of Economics, University of Belgrade, Faculty of University of Belgrade. PhD Economics. PhD degree obtained degree obtained in 2003 at the in 1988 at the University of Faculty of Economics, University Belgrade, Faculty of Economics. of Belgrade. Employed at the Employed at the Faculty of Faculty of Economics University Economics University of Belgrade of Belgrade since 1996. Appointed since 1977. Appointed Full Associate Professor in 2008. Professor in 2005. Main fields of Main fields of interest and interest and research: Demogra- research: macroeconomics, political macroeconomics, phy, Economic statistics. Courses taught on the under- history of economic thought. Courses taught on the graduate level: Demographic analysis, also teaches on undergraduate level: Principles of Macroeconomics, Master and PhD courses. Member of: Serbian Demograph- Macroeconomic Analysis, History of Economy, also ic Society, Scientific Society of Economists in Serbia. teaches on Master and PhD courses. Member of Scientific Vesna Rajić, graduated in 1997, from the University Society of Economists in Serbia. of Belgrade, Faculty of Math- Siniša Radić, graduated in 2002, from the Univer- ematics. PhD degree obtained in sity of Belgrade, Faculty of 2007 at the University of Economics. Current PhD student, Belgrade, Faculty of Economics. since 2010, at the University of Employed at the Faculty of Belgrade, Faculty of Economics. Economics University of Belgrade Master’s degree obtained in 2010 since 2003. Appointed Assistant at the University of Belgrade, Fac- Professor in 2008. Main fields of ulty of Economics. Employed at interest and research: Resem- the Faculty of Economics, bling methods, Fixed point theory, Insurance property. University of Belgrade since Courses taught on the undergraduate level: Elements of 2003. Appointed Teaching Assistant in 2003. Main fields of statistical analysis, also teaches on Master and PhD interest and research: Financial Accounting, Financial courses. Member of: Statistical Society of Serbia. Reporting. Courses taught on the undergraduate level: Financial Accounting.

TEACHERS 109 Branko Rakita, graduated in 1978, from the Faculty Saša Randjelović, graduated in 2005, from the of Economics, University of University of Belgrade, Faculty of Belgrade. PhD degree obtained in Economics. Current PhD, student 1988 at the Faculty of Economics since 2009, at the University of University of Belgrade. Employed Belgrade, Faculty of Economics. at the Faculty of Economics, Master’s degree obtained in 2008 University of Belgrade since 1979. at the University of Belgrade, Fac- Appointed Full Professor in 2000. ulty of Economics. Employed at Main fields of interest and the Faculty of Economics, research: Marketing, Interna- University of Belgrade since 2007. tional Marketing, International Business and Manage- Appointed Teaching Assistant in 2007. Main fields of ment, Brand Management. Courses taught on the interest and research: Public Finance, Taxation. Courses undergraduate level: International Business and Manage- taught on the undergraduate level: Public Finance. ment, International Marketing, also teaches on level on Member of: Serbian Affiliation of International Fiscal Master and PhD courses. Member of: Scientific Society of Association, Belgrade Society of Economists. Economists in Serbia, Serbian Marketing Association. Jelena Rašković, graduated in 2006, from the Tatjana Rakonjac-Antić, graduated in 1992, University of Belgrade, Faculty of from the University of Belgrade, Economics. Master’s degree Faculty of Economics. PhD obtained in 2011 at the University degree obtained in 2004 year at of Belgrade, Faculty of Econom- the University of Belgrade, ics. Current PhD student, since Faculty of Economics. Employed 2012, at the University of at the Faculty of Economics, Belgrade, Faculty of Economics. University of Belgrade since 1992. Employed at the Faculty of Appointed Associate Professor in Economics University of Belgrade 2009. Main fields of interest and since 2009. Appointed Teaching Associate in 2010. Main research: insurance, pension and health insurance, actuari- fields of interest and research: Macroeconomic Theory and al mathematics. Courses taught on the undergraduate International Finance. Courses taught on the undergradu- level: Insurance and Pension and health insurance, also ate level: International Economics, Macroeconomic teaches on Master and PhD courses. Member of: Scientific Models. Association of Economists of Serbia and Actuarial Association of Serbia.

110 THE FIRST AND THE ONE Gojko Rikalovic, graduated in 1975, from the Ljubodrag Savić, graduated in 1980, from the University of Belgrade, Faculty of University of Belgrade, Faculty of Economics. PhD degree obtained Economics. PhD degree obtained in 1988 at the University of in 1992 at the University of Belgrade, Faculty of Economics. Belgrade, Faculty of Economics. Employed at the Faculty of Employed at the Faculty of Economics, University of Economics, University of Belgrade since 1976. Appointed Belgrade since 1981. Appointed Full Professor in 2000. Main Full Professor in 2012. Main fields fields of interest and research: of interest and research: economic system, policy and development & infrastruc- Industrialization, Transition, Privatization. Courses taught ture, environment and rural industrialization & creative on the undergraduate level: Economics of industry, sector. Courses taught on the undergraduate level: Technology Policy and development, also teaches on National economy & Energy economics, also teaches on Master courses. Member of: Scientific Association of Master courses. Member of: Scientific Association of Economists in Serbia. Economists in Serbia, Serbian Association of Economists, Vojislav Sekerez, graduated in 1997, from the Alfa Belgrade Association of Economists. University, Faculty of trade and Bojan Ristić, graduated in 2006, from the Faculty banking. PhD degree obtained in of Economics, University of 2007 at the University of Belgrade. Current PhD student, Kragujevac, Faculty of Econom- since 2009 at the Faculty of ics. Employed at the Faculty of Economics, University of Economics, University of Belgrade. Master’s degree Belgrade since 2009. Appointed obtained in 2009 at the Faculty Assistant Professor in 2009. Main of Economics, University of fields of interest and research: Belgrade. Employed at the Financial Accounting, Cost Accounting, Cost Manage- Faculty of Economics, University ment. Courses taught on the undergraduate level: of Belgrade since 2007. Appointed Teaching Assistant in Financial Accounting, also teaches on PhD courses. 2010. Main fields of interest and research: Economics of Member of: Serbian Association of Economists, Associa- regulation, Antitrust policy. tion of Accountants and Auditors of Serbia

TEACHERS 111 Nadežda Silaški, graduated in 1984, from the Dejan Šoškić, graduated in 1989 from the Univer- Faculty of Philology, University of sity of Belgrade, Faculty of Belgrade. PhD degree obtained in Economics. PhD degree obtained 2005 from the Faculty of in 1999 at the University of Philosophy, University of Novi Belgrade, Faculty of Economics. Sad. Employed at the Faculty of Employed at the Faculty of Economics, University of Economics, University of Belgrade since 1996. Appointed Belgrade since 1992. Appointed Associate Professor in 2010. Main Associate Professor in 2005. fields of interest and research: Main fields of interest and Cognitive Linguistics, English for Specific Purposes, research: economic statistics, financial markets and Discourse Analysis. Courses taught on the undergraduate institutions, monetary economics. Courses taught on the level: English for Economists. Member of Slavic Cognitive undergraduate level: Economic Statistics, Financial Linguistics Association, Serbian Association for the Study Markets, also teaches on Master courses. Member of: of English, European Society for the Study of English. Scientific Society of Economists in Serbia.

Kata Škarić Jovanović, graduated in 1971, from Jasna Soldić-Aleksić, graduated in 1982, from the the University of Belgrade, Faculty of Economics, University Faculty of Economics. PhD of Belgrade. PhD degree obtained degree obtained in 1983 at the in 1993 at the Faculty of Econom- University of Belgrade, Faculty of ics, University of Belgrade. Economics. Employed at the Employed at the Faculty of Faculty of Economics, University Economics, University of of Belgrade since 1975. Appointed Belgrade since 1989. Appointed Full Professor in 1995. Main fields Full Professor in 2005. Main fields of interest and research: Financial of interest and research: applied reporting, Consolidation statements and IFRS. Courses data analysis, data mining and knowledge discovery. taught on the undergraduate level: Financial accounting Courses taught on the undergraduate level: Data analysis, and Theory and analysis of financial statements, also Business Information Systems, also teaches on Master and teaches on Master and PhD courses. Member of: National PhD courses. Member of: Statističko društvo Srbije, Commission of Accounting, Scientific Society of Economics International Statistical Institute -ISI, International in Serbia. Association for Statistical Computing – IASC.

112 THE FIRST AND THE ONE Mladen Stamenković, graduated in 2009, from Jelena Stanojević, graduated in 2002 from the the University of Belgrade, Faculty of Mathematics, Faculty of Mathematics. Current University of Belgrade. Current PhD student since 2011 at the PhD student since 2012 at the University of Belgrade, Faculty of Faculty of Mathematics, Economics. Master’s degree University of Belgrade. Employed obtained in 2010 at the University at the Faculty of Economics of Belgrade, Faculty of Math- University of Belgrade since ematics. Employed at the Faculty 2003. Appointed Teaching of Economics, University of Assistant in 2012. Main fields of Belgrade since 2010. Appointed Teaching Assistant in 2012. interest and research: Probability and statistics, Applied Main fields of interest and research: Game Theory, mathematics. Courses taught on the undergraduate level: Experimental Economics. Courses taught on the under- Mathematics, Mathematics2. graduate level: Mathematical-Economic Methods and Sandra Stojadinović Jovanović, graduated in Models 1997 from the University of Rade Stankić, graduated in 1976, from the Kragujevac, Faculty of Econom- University of Belgrade, Faculty of ics. PhD degree obtained in 2010 Mathematics. PhD degree at the University of Belgrade, obtained in 1990 at the University Faculty of Economics. Employed of Bitola, Faculty of Economics. at the Faculty of Economics, Employed at the Faculty of University of Belgrade since 2012. Economics University of Belgrade Appointed Assistant Professor in since 1994. Appointed Full 2012. Main fields of interest and Professor in 2004. Main fields of research: International economy, International trade, interest and research: Computer Globalisation. Courses taught on the undergraduate level: Science, Business Information Systems, Electronic International Business Financing. Member of: Scientific business. Courses taught on the undergraduate level: Society of Economists in Serbia. Business Informatics, Management Information Systems, Božo Stojanović, graduated in 1988, from the also teaches on Master and PhD courses. University of Banja Luka, Faculty of Economics. PhD degree obtained in 1995 at the University of Belgrade, Faculty of Econom- ics. Employed at the Faculty of Economics, University of Belgrade since 2007. Appointed Full Professor in 2012. Courses taught on the undergraduate

TEACHERS 113 level: Price Theory, Theory of Production. Member of Svetozar Tanaskovic, graduated in 2007 from Scientific Society of Economists in Serbia. the University of Belgrade, Faculty of Economics. Current Stojanovic Zaklina, graduated in 1995, from the PhD student, since 2009 at the University of Belgrade, Faculty of University of Belgrade, Faculty of Economics. PhD degree obtained Economics. Employed at the in 2003 year at the University of Faculty of Economics, University Belgrade, Faculty of Economics. of Belgrade since 2007. Appoint- Employed at the Faculty of ed Teaching Assistant in 2010. Economics, University of Main fields of interest and Belgrade since 1996. Appointed research: institutional development economics; macro- Associate Professor in 2008. economics of transition. Courses taught on the undergrad- Main fields of interest and uate level: Basic Economics; Basics of Macroeconomics. research: Agricultural and Rural Economy, Agricultural Member of: Economic-Business Forum of European Finance, Commodity Exchanges. Courses taught on the Movement in Serbia. undergraduate level: Agricultural Economics, also teaches on Master and PhD courses. Member of: EAAE, NDES, Miroslav Todorović, graduated in 1994 from the DAES, DEB. University of Belgrade, Faculty of Economics. PhD degree obtained Dragan Stojković, graduated in 2000 from the in 2005 at the University of University of Belgrade, Faculty of Belgrade, Faculty of Economics. Economics. PhD degree obtained Employed at the Faculty of in 2012 at the University of Economics, University of Belgrade, Faculty of Economics. Belgrade since 1995. Appointed Master’s degree obtained in 2004 Associate Professor in 2005. at Hofstra University, Zarb School Main fields of interest and of Business, New York, USA. research: Corporate finance, Corporate restructuring. Employed at the Faculty of Courses taught on the undergraduate level: Business Economics University of Belgrade Finances, Financial Restructuring of Enterprises, also since 2004. Appointed Teaching Assistant in 2005. Main teaches on Master courses. Member of: Scientific Society fields of interest and research: Electronic commerce and of Economists in Serbia. retail management. Courses taught on the undergraduate level: Marketing channels and Trade management. Member of: Serbian Marketing Association

114 THE FIRST AND THE ONE Dejan Trifunović, graduated in 2002 from the Dušanka Ušćumlić, graduated in 1969 from the University of Belgrade, Faculty of University of Belgrade, Faculty of Economics. PhD degree obtained Technology. PhD degree obtained in 2009 at the University of in 1983 at the University of Belgrade, Faculty of Economics. Belgrade, Faculty of Technology. Employed at the Faculty of Employed at the Faculty of Economics, University of Economics, University of Belgrade since 2003. Appointed Belgrade since 1970. Appointed Teaching Assistant Professor in Full Professor in 2003. 2010. Main fields of interest and Main fields of interest and research: Asymmetric information, Auction theory, Game research: ecological product, quality management. theory. Courses taught on the undergraduate level: Courses taught on the undergraduate level: Quality Microeconomics, Industrial organization, also teaches on management, Commodity science, also teaches on Master PhD courses. Member of: Scientific Society of Economists courses. Member of: IGWT in Serbia. Vladimir Vasić, graduated in 1994 from the Branko Urošević, graduated in 1989 from University of Belgrade, Faculty of Department of Physics, Moscow Economics. PhD degree obtained State University. PhD degree in 2003 at the University of obtained in 2002 at Haas School Belgrade, Faculty of Economics. of Business, University of Employed at the Faculty of California, Berkeley, CA,USA. Economics, University of Employed at the Faculty of Belgrade since 1995. Appointed Economics, University of Assistant Professor in 2004. Main Belgrade since 2005. Appointed fields of interest and research: Associate Professor in 2009. Multivariate analysis, Nonparametric statistical analysis, Main fields of interest and research: Finance, Optimization Theoretical statistics. Courses taught on the undergradu- Methods in Economics, Real Estate Economics. Courses ate level: Statistical Analysis, also teaches on Master and taught on the undergraduate level: Operations Research, PhD courses. Member of: Serbian Statistical Associations Financial Economics, teaches also on Master and PhD courses. Member of: Scientific Society of Economists in Serbia, American Finance Association.

TEACHERS 115 Saša Veljkovıć, graduated in 1997 from the Ivan Vujačić, graduated in 1975 from the University University of Belgrade, Faculty of of Beograd, Faculty of Econom- Economics. PhD degree obtained ics. PhD degree obtained in 1989 in 2005 at the University of at the University of Belgrade, Belgrade, Faculty of Economics. Faculty of Economics. Employed Employed at the Faculty of at the Faculty of Economics Economics University of Belgrade University of Belgrade since 1975. since 1998. Appointed Associate Appointed Associate Professor in Professor in 2011. Main fields of 2011. Main fields of interest and interest and research: Marketing, research: Comparative Economic (Brand) Management, Services (Marketing, Management). Systems, Economics of EU Integration, Macroeconomics. Courses taught on the undergraduate level: Marketing, Courses taught on the undergraduate level: Comparative Services Marketing, also teaches on Master and PhD Economic Systems, Economics of EU Integration. Member courses. Member of: Serbian Marketing Association of: Scientific Society of Economics in Serbia, Association of (SeMA) – Secretary General, Scientific Society of Econo- Serbian Economists. mists in Serbia. Iva Vuksanović, graduated in 2007 from the Savka Vučković Milutinović, graduated in University of Belgrade, Faculty of 1999 from the University of Economics. Current PhD student, Belgrade Faculty of Economics. since 2010 at the University of Master’s degree obtained in 2005 Belgrade, Faculty of Economics. at the University of Belgrade, Fac- Employed at the Faculty of ulty of Economics. Employed at Economics, University of the Faculty of Economics, Belgrade since 2007. Appointed University of Belgrade since 1999. Teaching Assistant in 2010. Main Appointed Teaching Assistant in fields of interest and research: 2005. Main fields of interest and risk management and corporate governance. Courses research: Financial reporting, Tax Accounting. Courses taught on the undergraduate level: Strategic manage- taught on the undergraduate level: Bank and Insurance ment. Member of: Serbian Economists Association. Accounting, Retail Accounting.

116 THE FIRST AND THE ONE Jelena Žarkovic Rakić, graduated in 2003 from Aleksandra Zečević, graduated in 1996 from the the University of Novi Sad, University of Belgrade, Faculty of Faculty of Economics. PhD Economics. PhD degree obtained degree obtained in 2010 at the in 2005 at the University of University of Belgrade, Faculty of Belgrade, Faculty of Economics. Economics. Employed at the Employed at the Faculty of Faculty of Economics, University Economics, University of of Belgrade since 2004. Appoint- Belgrade since 1996. Appointed ed Assistant Professor in 2011. Assistant Professor in 2006. Main Main fields of interest and fields of interest and research: research: public economics; tax-benefits micro-simulation Databases, Programming languages, Electronic business. modeling and labor supply modeling; public policies and Courses taught on the undergraduate level: Databases, redistributive effects. Courses taught on the undergradu- Programming languages, also teaches on Master courses. ate level: Public Sector Economics, Principles of Econom- Member of: Statistical society of Serbia. ics. Member of: Scientific Society of Economists in Serbia, Bojan Zečević, graduated in 1988 from the International Network for Economic Research. University of Belgrade, Faculty of Siniša Zarić, graduated in 1974 from the University Economics. PhD degree obtained of Belgrade, Faculty of Econom- in 2002 at the University of ics. PhD degree obtained in 1983 Belgrade , Faculty of Economics. at the University of Belgrade, Employed at the Faculty of Faculty of Economics. Employed Economics University of Belgrade at the Faculty of Economics, since 1988. Appointed Associate University of Belgrade since 1976. Professor in 2012. Main fields of Appointed Full Professor in 1997. interest and research: Tourism Main fields of interest and Economics, Tourism Marketing, Destination Planning and research: Method of Economic Development. Courses taught on the undergraduate level: Analysis; Institutional Economics; Event Management and Tourism Economics, Marketing in Tourism, also teaches on Event Marketing. Courses taught on the undergraduate Master and PhD courses. Member of: Association of level: Method of Economic Analysis; Market and Market Economists of Serbia, Serbian Marketing Association Institutions, also teaches on Master and PhD courses. Member of: Scientific Society of Economists in Serbia, Serbian Marketing Association (SEMA); European Retail Academy (Cologne).

TEACHERS 117 Aleksandar Živković, graduated in 1977 from the University of Belgrade, Faculty of Economics. PhD degree obtained in 1993 at the University of Belgrade, Faculty of Economics. Employed at the Faculty of Economics University of Belgrade since 1979. Appointed Full Professor in 2012. Main fields of interest and research: Monetary Economics and Banking. Courses taught on the undergraduate level: Monetary Economics, Banking and Payment Operations, also teaches on Master and PhD courses. Member of: Vuk Karadzic Fundation, President of the Economics Board; Association of Montenegrian banks.

Boško Živković, graduated in 1977. PhD degree obtained in 1988 at the University of Belgrade, Faculty of Econom- ics. Employed at the Faculty of Economics University of Belgrade since 2002. Appointed Full Professor in 2007. Main fields of interest and research: Financial Economics, Financial Market, Banking. Courses taught on the undergraduate level: Financial Market, Security Analysis, also teaches at Master and PhD courses. Member of: Serbian Economists Association, Scientific Society of Economists in Serbia.

118 THE FIRST AND THE ONE DEANS and Vice-Deans of the Faculty of Economics

1946-47 1952-53 Dean Dean Radivoj Uvalić, Associate Professor Ljubomir Bajalović, Full Professor Vice-Dean Vice-Dean Mirko Marković, Associate Professor Djuro Mikijelj, Assistant professor

1947-50 1953-54 Dean Dean Radivoj Uvalić, Associate Professor Ljubomir Bajalović, Professor Vice-Dean Vice-Dean Ljubomir Bajalović, Associate Professor Djuro Mikijelj, Assistant professor

1950-51 1954-56 Dean Dean Nikola Vučo, Associate Professor Dragoslav Todorović, Associate Professor Vice-Deans Vice-Dean Dragoslav Todorović, Associate Professor Atanasije Popović, Assistant professor Dolfe Vogelnik, Associate Professor 1956-57 1951-52 Dean Dean Gojko Grdjić, Associate Professor Nikola Vučo, Associate Professor Vice-Dean Vice-Deans Radivoj Davidović, Associate Professor Dragoslav Todorović, Associate Professor Djuro Mikijelj, Assistant professor

DEANS AND VICE-DEANS OF THE FACULTY OF ECONOMICS 119 1957-58 1964-67 Dean Dean Mihailo Vučković, Full Professor Branislav Šoškić, Associate Professor Vice-Dean Vice-Deans Dimitrije Mišić, Associate Professor Živko Kostić, Associate Professor Dragutin Radunović, Senior Lecturer 1958-59 Dean 1967-69 Radivoj Davidović, Full Professor Dean Vice-Dean Vladimir Rašković, Full Professor Miloš Vučković, Associate Professor Vice-Deans Miroslav Popović, Associate Professor 1959-60 Dragutin Radunović, Associate Professor Dean Nikola Vučo, Full Professor 1969-71 Vice-Dean Dean Djuro Mikijelj, Associate Professor Mirosav Popović, Full Professor Vice-Deans 1960-62 Ljubiša Adamović, Associate Professor Dean Dragutin Radunović, Associate Professor Dimitrije Mišić, Associate Professor Vice-Deans 1971-73 Stojan Novaković, Associate Professor Dean Atanasije Popović, Associate Professor Stojan Novaković, Full Professor Vice-Deans 1963-64 Milutin Ćirović, Full Professor Dean Slobodan Unković, Associate Professor Miladin Korać, Associate Professor Student Vice-Dean: Vladan Božić (1972-73) Vice Deans Dušan Čobeljić, Associate Professor Velimir Zeković, Associate Professor

120 THE FIRST AND THE ONE 1973-75 1981-83 Dean Dean Dragutin Radunović, Full Professor Vojislav Kolarić, Associate Professor Vice-Deans Vice-Deans Stojan Jankov, Associate Professor Dragoslav Mladenović, Associate Professor Slobodan Unković, Associate Professor Lazar Pejić, Assistant professor Student Vice-Dean: Ivan Vujačić (1973-74) Student Vice-Dean: Zoran Daljević (1982-83) Student Vice-Dean: Miroslav Djilas (1974-75) 1983-85 1975-77 Dean Dean Oskar Kovač, Associate Professor Radmila Njegić, Full Professor Vice-Deans Vice-Deans Lazar Pejić, Associate Professor Leposava Cvijetić, Associate Professor Krunoslav Čačić, Assistant professor Živorad Baralić, Associate Professor Student Vice-Dean: Jerotije Petrović (1983-84) Student Vice-Dean: Miomir Jakšić (1975-76) Student Vice-Dean: Dragan Djurić (1984-85) Student Vice-Dean: Žarko Ilić (1976-77) 1985-87 1977-79 Dean Dean Lazar Pejić, Associate Professor Slobodan Unković, Associate Professor Vice-Deans Vice-Deans Krunoslav Čačić, Assistant professor Oskar Kovač, Associate Professor Stipe Lovreta, Associate Professor Nikola Stevanović, Assistant professor Student Vice-Dean: Goran Petković (1985-86) Student Vice-Dean: Svetlana Kisić (1977-78) Student Vice-Dean: Mile Ličina (1986-87) Student Vice-Dean: Nikica Kolundžija (1978-79) 1987-89 1979-81 Dean Dean Dragoslav Mladenović, Associate Professor Stojan Jankov, Associate Professor Vice-Deans Vice-Deans Hasan Hanić, Assistant professor Vlajko Petković, Associate Professor Predrag Jovanović Gavrilović, Associate Professor Dragoslav Mladenović, Assistant professor Student Vice-Dean: Vladan Knežević (1987-89) Student Vice-Dean: Dragan Jakovljev (1979-80) Student Vice-Dean: Slaviša Aleksić (1980-81)

DEANS AND VICE-DEANS OF THE FACULTY OF ECONOMICS 121 1989-91 1996-97 Dean Dean Stipe Lovreta, Associate Professor Miomir Jakšić, Full Professor Vice-Deans Vice-Deans Hasan Hanić, Associate Professor Branko Medojević, Full Professor Branko Medojević, Associate Professor Milorad Ivanišević, Associate Professor Mileva Žižić, Full Professor Vladislav Djolević, Full Professor Student Vice-Dean: Dragan Simić (1989-90) Student Vice Dean: Bojan Cvijić (1996-97) Student Vice-Dean: Radovan Milošević (1990-91) 1997-98 1991-94 Dean Dean Branko Medojević, Full Professor Predrag Jovanović Gavrilović, Associate Professor Vice-Deans Vice-Deans Božidar Cerović, Full Professor Vidoje Vasiljević, Associate Professor Kata Škorić-Jovanović, Full Professor Milorad Ivanišević, Assistant professor Vladan Božić, Full Professor Mileva Žižić, Full Professor Student Vice-Dean: Slobodan Aćimović (1992-94) 1998-2000 Dean 1994-96 Vlajko Petković,Full Professor Dean Vice-Deans Mileva Žižić, Full Professor Vladislav Djolević, Full Professor Vice-Deans Aleksandar Živković, Assistant professor Hasan Hanić, Associate Professor Jelena Kočović, Associate Professor Krunoslav Čačić, Associate Professor Student Vice-Dean: not elected Miomir Jakšić, Full Professor Student Vice-Dean: Vladimir Šarić (1994-96) 2000-02 Dean Branko Medojević, Full Professor Vice-Deans Branislav Boričić, Full Professor Kata Škarić-Jovanović, Full Professor Vladan Božić, Full Professor Božidar Cerović, Full Professor Student Vice-Dean: not elected

122 THE FIRST AND THE ONE 2002-04 2009-2012 Dean Marko Backović, Full Professor Božidar Cerović, Full Professor Vice-Deans Vice-Deans Branislav Boričić, Full Professor Branislav Boričić, Full Professor Vlade Milićević, Associate Professor Marko Backović, Associate Professor Aleksandra Praščević, Associate Professor Branislav Pelević, Full Professor Student Vice-Dean: Savo Stanojević (2009-10) Student Vice-Dean: Miloš Milovanović (2002-04) Student Vice-Dean: Marjan Jovanović (2010-11) Student Vice-Dean: Ivan Šašić (2011-12) 2004-06 Dean 2012- Branislav Pelević, Full Professor Dean Vice-Deans Branislav Boričić, Full Professor Goran Petković, Associate Professor Vice-Deans Marko Backović, Full Professor Mihail Arandarenko, Full Professor Dejan Šoškić, Assistant professor Radmila Jablan-Stefanović, Full Professor Student Vice-Dean: Ana Rajevac (2004-05) Žaklina Stojanović, Associate Professor Student Vice-Dean: Zoran Arsenović (2005-06) Dragan Lončar, Assistant professor Student Vice-Dean: to be elected 2006-2009 Dean Marko Backović, Full Professor Vice-Deans Biljana Jovanović Gavrilović, Full Professor Vlade Milićević, Assistant professor Aleksandra Praščević, Assistant professor Student Vice-Dean: Zoran Arsenović (2006-07) Student Vice-Dean: Veljko Mijušković (2007-08) Student Vice-Dean: Veljko Mijušković (2008-09)

DEANS AND VICE-DEANS OF THE FACULTY OF ECONOMICS 123 Presidents of the Council of the Faculty of Economics

1955-5 1970-71 President of the Council President of the Assembly Vlajko Begović Stojan Novaković, PhD, Full Professor

1957-61 1971-72 President of the Council President of the Assembly Toma Granfil Gojko Grdjić, PhD, Full Professor

1961-64 1972-73 President of the Council President of the Assembly Svetislav Ješić Dušan Stefanović, PhD, Full Professor

1964-66 1973-74 President of the Council President of the Assembly Nikola Vučo, PhD, Full Professor Dušan Krasulja, PhD, Associate Professor

1966-67 1974-75 President of the Council President of the Council Nikola Čobeljić, PhD, Full Professor Momčilo Milisavljević, PhD, Full Professor

1967-69 1975-77 President of the Council President of the Council Živko Kostić, PhD, Full Professor Zoran Pjanić, PhD, Full Professor

1969-70 1977-79 President of the Council President of the Council Sava Obradović, PhD, Full Professor Dragutin Radunović, PhD, Full Professor

124 THE FIRST AND THE ONE 1979-80 1989-91 President of the Council President of the Council Dragan Krasulja, PhD, Full Professor Tomislav Zečević, PhD, Full Professor

1980-81 1991-92 President of the Council President of the Council Stojan Novaković, PhD, Full Professor Stevan Devetaković, PhD, Full Professor

1981-82 1992-94 President of the Council President of the Council Oskar Kovač, PhD, Associate Professor Dragoslav Mladenović, PhD, Full Professor

1982-83 1994-96 President of the Council President of the Council Nikola Stevanović, PhD, Associate Professor Jovan Zebić

1983-84 1996-98 President of the Council President of the Council Mladjen Kovačević, PhD, Associate Professor Jovan Zebić

1984-85 1998-01 President of the Council President of the Governing Board Stipe Lovreta, PhD, Associate Professor Dragoslav Mladenović, PhD, Full Professor

1985-86 2001-02 President of the Council President of the Governing Board Vlajko Petković, PhD, Full Professor Milena Jovičić, PhD, Full Professor

1986-87 2002-03 President of the Council President of the Council Vladislav Djolević, PhD, Assistant professor Milić Milovanović, PhD, Full Professor

1987-89 2003-04 President of the Council President of the Council Branko Medojević, PhD, Assistant professor Goran Petković, PhD, Associate Professor

PRESIDENTS OF THE COUNCIL OF THE FACULTY OF ECONOMICS 125 2004-06 President of the Council Miomir Jakšić, PhD, Full Professor

2006-2009 President of the Council Miomir Jakšić, PhD, Full Professor

2009-2012 President of the Council Miomir Jakšić, PhD, Full Professor

126 THE FIRST AND THE ONE

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