Human existence is often characterized by the times, and we don’t have sufficient money for everything we would like to do. Economics tends to be described as the study of “economy with limited resources”. 

Economics looks into the approaches chosen by individuals, families, organisations and nations, in order to pursue various objectives using their resources, and what the consequences are.

At LiU we conduct research in diverse areas of economics. The socioeconomic effects of closing down shops in rural areas, the emergence of family-owned companies, and whether married people’s incomes are affected by their partners, are just a few examples of research areas. 

Traditionally, the subject of economics is divided into two perspectives: macroeconomics and microeconomics. Under macroeconomics, we study how the economy as a whole functions and develops, and look at terms such as unemployment, inflation, interest, growth, and how these phenomena occur. Under microeconomics, we study individual actors' conditions and behaviours and how they collaborate on different markets. 

What distinguishes research into economics at Linköping University is our focus on behavioural economics, neuroeconomics, institutional economics, environmental economics and transport economics.



Portrait of professor Gustav Tinghög.

Emotions often defeat sense in healthcare priority setting

Emotions tend to get the upper hand in healthcare decisions. This is shown in a Linköping University study. The results may explain why effective use of healthcare resources is so slow in the making, according to the researchers.

Chess piece and mirror.

Moral illusions may alter our behaviour

Moral illusions can fool our decision-making ability, making us more selfish. But the results also show that we are more likely to vote for the good of all when taking part in democratic decisions.

Male nurse helping older man to walk

Men obstructed from entering female-dominated occupations

Job applications from men are disfavoured when they apply for work in female-dominated occupations. Reaching the interview stage was most difficult for men applying for jobs as cleaners.