Integrated Master's in Europe

country
city
subject area 
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kind of studies  
university type - Czech Republic  
university status  
Brno, Czech Republic

Economic Policy

Hospodářská politika

Integrated Master's degree
Language: CzechStudies in Czech
Subject area: economy and administration
Kind of studies: full-time studies
University website: www.muni.cz
Policy
A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organization. Policies can assist in both subjective and objective decision making. Policies to assist in subjective decision making usually assist senior management with decisions that must be based on the relative merits of a number of factors, and as a result are often hard to test objectively, e.g. work-life balance policy. In contrast policies to assist in objective decision making are usually operational in nature and can be objectively tested, e.g. password policy.
Policy
Mahomet made the people believe that he would call a hill to him, and from the top of it offer up his prayers for the observers of his law. The people assembled; Mahomet called the hill to come to him, again and again; and when the hill stood still, he was never a whit abashed, but said, "If the hill will not come to Mahomet, Mahomet will go to the hill."
Francis Bacon, Essays, "Of Boldness".
Policy
Policy doesn't advance in a vacuum.
Philip J. Crowley, Nikki Haley: Does it matter that a UN ambassador has no foreign policy experience?, BBC (24 November 2016)
Policy
In the tragic days of Mussolini, the trains in Italy ran on time as never before and I am told in their way, their horrible way, that the Nazi concentration-camp system in Germany was a model of horrible efficiency. The really basic thing in government is policy. Bad administration, to be sure, can destroy good policy, but good administration can never save bad policy.
Adlai Stevenson, governor of Illinois, speech before the Los Angeles Town Club, Los Angeles, California, September 11, 1952.—Speeches of Adlai Stevenson, p. 36 (1952).

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