Department of Theory and Analysis of Economic Systems

The Department

of Theory and Analysis of Economic Systems specializes in input-output

analysis methods and their applications. Research in this field includes:

• Modeling intersectoral linkages in the economy (analysis of production chains),
• Examining price transmission mechanisms and the diffusion of innovations between sectors,
• Analyzing energy demand and pollution emissions resulting from the activities of individual sectors,
• Assessing the effects of structural changes in the economy,
• Analyzing regional labor markets.

The field

of multi-sectoral economics also includes analyses of international

trade flows and research on the development and application of

Computable General Equilibrium (CGE) models, which are used, among other

things, to estimate the economic impact of climate policies.

Researchers

at the Department also work on other topics in economics and quantitative methods,

including:

• The System of National Accounts, financial flows, and savings,
• Modeling and forecasting inflation processes, with a particular focus on the role of energy and food prices,
• Applications of text mining techniques,
• Bayesian econometrics and its applications.

The Department's team conducts teaching

activities in areas such as: Sectoral analysis methods (input-output methods),

Econometrics, Forecasting and simulation, National accounts, Application of

spreadsheets in data analysis, Mathematics and Linear algebra.