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"International Economic Relations"


Trading game for schoolchildren "International trade"

Lecturers from Economic Theory Department organized the world-famous international trading game on "International Trade" for students of the Minor Academy of Sciences.

International internship in Israel

Part of summer vacation 2017 representatives of the academic community of Ukraine, Belarus and Poland both students and famous professors and university rectors, as well as public organizations of Israel, dedicated an internship on the topic "International Economic Relations of Israel", having received 30 hours of lectures with representatives of the Knesset, Ministry of Foreign Affairs, the Ministry of Energy and the Embassy of Ukraine.

Students of specialties "International Economics" and "International Economic Relations" met with Jabil Circuit, Inc. representatives

September 22, the students of the specialties "International Economics" and "International Economic Relations" met with Jabil Circuit, Inc. representatives, which is one of the largest companies specializing in contract manufacturing.


Кафедра економічної теорії

Economic Theory Department of Sumy State University was founded on the first of September 1981 and it is the oldest department among departments of Balatsky Academic and Scientific Institute of Finance, Economics and Management. Today Economic Theory Department is:
lecturers from Ukraine, different European countries, Canada, Israel and Kazakhstan, who have scientific degrees of Doctor and Candidate of Economics;
• teaching students of all specialties SSU in Ukrainian, English and Russian languages of many fundamental and applied disciplines;
• preparation of the students for participation in the contests and scientific competitions at Ukrainian and International levels;
• scientific-research activity on individual plans and fundamental topics;
• active international cooperation with institutions of higher education and scientific establishments;
• annual International scientific-practical conference «International Economic Relations and Sustainable Development»;
• International electronic scientific journal "Management of Economic Processes";
• preparation of monographs, textbooks, scientific articles and methodic materials.



The specific character of discipline teaching at Economic Theory Department allows students to understand fundamental economic problems and laws and to make ground for the further applied knowledge.

Students of SSU under guidance of lecturers at Economic Theory Department annually take part in different scientific events and have good achievements. In different years students took prize-winning places at the different economic disciplines contests and received awards in scientific works competitions and in scientific conferences.

The traditional area of teaching is special courses at schools and preparation of pupils for contests at regional and Ukrainian levels.

The students have lectures and seminars in the equipped discus center that can provide possibilities for using modern technologies in teaching.


Scientific Activity

One of the main priorities of the department is to combine an educational process and scientific activity. The results of conducted by department lecturers scientific researches, are represented in the theses, monographs, articles, textbooks and workbooks. Beside the individual directions of scientific activity, there are surveys on the fundamental scientific topics.


International Cooperation

The lecturers of the department take part in domestic and foreign educational-scientific events. Beside it they conduct the international cooperation with colleagues, who represent educational institutions and scientific organizations in Belarus, Bulgaria, Armenia, Canada, Germany, Russia, USA, Czech Republic, Sweden and also cooperate with domestic scientific and public organizations.



The achievement of the department is foundation of the International scientific-practical conference «International Strategy for Regional Economic Development». Traditionally representatives from  Ukrainian institutions take part in conference as well as scientists from Russia, USA, Canada, Czech Republic, Poland. The conference results in publishing the collection with reports and also thematic numbers of international scientific journals "Sustainable Development" (Bulgaria) and "Management of Economic Processes" (Ukraine).


Scientific interests


1. Agricultural Economics and Agro Business
2. Investment Management
3. International Economics
4. State Regulation of Economy
5. International Transfer of High Technologies
6. Intellectual Property Portfolio Management
7. International Cooperation in Space
8. Institutional Economics
9. Environmental Economics
10. Environmental Marketing
11. Intellectual Capital
12. Renewable Energy and Energy Conservation
13. Motivation of Innovation Activities
14. Behavioral Economics
15. Health Economics
16. Waste Management
17. Ecological and Economic Security
18. Regional Economics