Evaluation of Economic Development in a Selected Region

David Mitrović

Bachelor's thesis

Abstract:

The bachelor thesis inspects and evaluates the economic development of a region belonging to the City of Loznica, located in Serbia, focusing on the recent period in order to forecast how the development will be developing in the future. Theoretical part of the thesis is focused on examining scientific research of economics, development, growth, and theories used to better explain them. It is then continued with description of the convergence theory, as well as the steady-state equilibrium. Special attention was centered on the inflation phenomena, particularly on the inflation situation in Serbia. Practical part starts with the introduction of general economic parameters that consider Serbia and continues with the detailed examination of those parameters in Loznica, providing comments on the comparison between the two. Factors and indicators compared are namely: GDP growth, demographics, income, employment, trade, and investments. Conclusion provided at the end of the thesis brings the assessment of the development achieved, along with the suggestions on how to improve the growth in the future.

Keywords

Development, economic factors, indicators, Serbia, comparison, European Union, Loznica, region

Language used: English

Date on which the thesis was submitted / produced: 30. 11. 2022

Thesis defence

• Supervisor: doc. Ing. Karel Tomšík, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme / field:
Economics and Management / Economics and Management