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What do Young Economists Study?

Economics is a field that is distinguished by its significant dynamism, just as social and economic reality changes dynamically. Economic research analysts face the extraordinary task of describing and understanding that realm.

In conducting research, economists try to answer questions about the causes and effects of various actions taken by people. We observe the results of these activities -- for example, an expenditure made, a contract concluded, or an investment carried out -- and try to determine what factors led to it, what the interdependencies between these factors are, and whether the same factors could lead to different results. In addition to theoretical knowledge, the indications for the search for these answers are often the results of studies conducted in other countries, under different conditions, or at a different time.


Scientific research in the field of economic sciences can be conducted by scientists and those from the humanities; it is even better when a researcher is able to combine methods of analysing the humanities, social sciences, and exact sciences. Understanding people's behaviour and decisions requires an interdisciplinary approach which blends economic knowledge with sociology, psychology, or law, as well as the entire apparatus of research tools used in those fields, such as surveys, interviews, and logical text analysis. At the same time, economics often incorporates advanced mathematical or econometric tools.

RESEARCH DIRECTIONS

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International Economics

The subject of research is the impact of the external environment of the economy on decisions made by consumers, enterprises, and governments, in the areas of international trade, flow of capital, monetary policy and currency markets, and employee movement.
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Corporate Economics

Scientific research focuses on the use of economic and mathematical methods to analyse phenomena occurring in the business sphere, including various aspects of a company's operations in the micro- and macroeconomic spheres, as well as financial and organisational conditions for the activities of economic entities.
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Interdisciplinary Economics and Mathematical Studies

Students conduct research which is focused to the greatest extent on building and modifying theoretical-analytical models, using the thorough preparation of students in the fields of mathematical analysis, algebra, probability calculus, mathematical statistics, and econometrics.
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Interdisciplinary economic and managerial studies 

Research in this area focuses on the use of economic and mathematical methods in management. As part of these studies, analytical methods are used, through which students collect and process data from enterprises and other organisations that make economic decisions.
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Computer Science and Econometrics

The participants of these studies explore the possibilities of using advanced statistical, econometric and IT tools to model economic and social phenomena in the fields of microeconomics, macroeconomics, finance, insurance, actuarial methods, and demography, as well as institutional and behavioural economics.
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Finance and Accounting

The research concerns four main directions: financial markets, including the valuation of financial instruments; banking, e.g., modelling monetary policy; accounting, in terms of factors like disclosure of information and risk in financial statements; and insurance, e.g., research on the economics of insurance companies.
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Public Finance and Taxes

The subject of research is the interaction between fiscal policy and enterprises, and citizens. The conducted analyses concern the scale of the micro-consumer, enterprise, local government, and also macro - entire economies.
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Finance, International Investment and Accounting

Research covers the macroeconomics of the open economy, international trade, international economic management, and international banking. Studies focus on factors influencing the international flow of portfolio capital and direct investment.
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Data Science and Business Analytics

By carrying out research, students learn to effectively collect, process, and analyse data in-depth, proficiently formulate and verify hypotheses, and communicate the results of their work. Data analysis is conducted using the methodology of multidimensional processing, employing selected programming languages from the S group, Python, SQL, C ++ and 4GL, as well as selected analytical, computational and econometric tools such as R, Python or Sas.
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International Economics

Students analyse transactions in global commodities and capital markets, as well as the international movement of workers. The conducted research also concerns international trade, capital flow, and monetary policy.
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Quantitative Finance

Among other things, research concerns applying and validating mathematical and statistical models of the valuation of financial instruments, issues related to asset portfolio management, the creation of algorithmic transaction systems, or risk management and modelling.