Small Business Economics and Management is a new curriculum offered to students of our department, to international students participating in the Erasmus Programme and to other students from non-EU countries. One of the distinctive features of this programme is its international character. All lectures are held in English. Learning in such a cross-cultural group is a great advantage. It allows students to make contacts beneficial for their future careers. It also enables them to gain practical knowledge of how to manage a small firm in a turbulent environment. Special emphasis is placed on the economics and management of small and medium enterprises (SMEs) operating within EU structures.