Business Economics combines economic analysis with the practical aspects of business.
It is distinguished from the wider field of business administration by a greater emphasis on economic theory and econometric analysis. It is at the same time distinguished from economics in general by its greater emphasis on business fields and by more specifically focusing on the use of economic analysis and statistical methods in dealing effectively with management problems.
Current faculty interests include:
- Firm strategy and industrial organisation
- Innovation and R&D investments
- Organisational economics
- Corporate governance
- Management control
- Corporate taxation
- Financial economics
- Household finance and wealth management
- Capital budgeting and real options
- Risk management
- Insurance and pensions
The research output for the group has been strong and includes publications in highly ranked international journals as the American Economic Review, Economic Journal, Journal of Finance, Journal of Banking and Finance, Journal of Mathematical Economics, Journal of Public Economics, Journal of International Economics, Management Science and Rand Journal of Economics.
The research has further been made available for a broader audience through popularized publications in professional journals and books.