Production Economics (PEK)

The division of Production Economics is part of the Department of Management and Engineering and carries out education and research connected to the optimal use of productive resources within manufacturing or optimal financial decisions.

Education in Production Economics

The majority of the undergraduate courses are given in the engineering programs Industrial Engineering and Management and Mechanical Engineering, and in the international master's programme Industrial Engineering and Management. We offer a number of basic courses in for example production economics, economic analysis and corporate finance. The division is also responsible for two master profiles, operations management and finance, which in total have more than ten courses on advanced level. In addition to this, we supervise and examine a number of master theses every year.

Research in Production Economics

Production Economics is an interdisciplinary engineering subject, which covers management of resources within various business types. The research at the division is focused on the problems in the cross-section between management and engineering, which results in research that applies mathematical methods from engineering science to management problems. The research covers problems at both a strategic, a tactical and an operational level.

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Publications

2026

Wilhelm Grindestam, Melvin Karlsson, Krishanth Siva Balan, Hampus Thell, Martin Rudberg, Joakim Wikner (2026) Cross-Industry Insights: Comparing Engineer-To-Order (ETO) Manufacturing and Industrialized Construction Supply Chains ADVANCES IN PRODUCTION MANAGEMENT SYSTEMS. CYBER-PHYSICAL-HUMAN PRODUCTION SYSTEMS: HUMAN-AI COLLABORATION AND BEYOND, APMS 2025, PT IV, p. 364-378 (Conference paper) Continue to DOI
Ou Tang (2026) Logistics planning and cost analysis of green hydrogen refueling stations in Europe Transportation Research Part E: Logistics and Transportation Review, Vol. 205, Article 104519 (Article in journal) Continue to DOI
Xiangyun Chang, Yongkang Lu, Ou Tang (2026) Strategic responses to the carbon border adjustment mechanism: When and how to implement a carbon tax Omega: The International Journal of Management Science, Vol. 138, Article 103383 (Article in journal) Continue to DOI

2025

Taras Bodnar, Nestor Parolya (2025) Higher-order nonlinear shrinkage estimator of large-dimensional precision matrix THEORY OF PROBABILITY AND MATHEMATICAL STATISTICS (Article in journal) Continue to DOI
Olha Bodnar, Taras Bodnar, Vilhelm Niklasson (2025) Bayesian regularization of the tangency portfolio Recent developments in Bayesian econometrics and their applications: Festschrift in honour of Sune Karlsson, p. 197-221 (Chapter in book)

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