The Institute of Economics conducts cutting-edge research on various topics of economic science. One of the main priorities of our activity is the development of innovative solutions for the most daunting challenges of the Belarusian economy. The NASB determined the general strategic direction of the Institute's research from 2011-2015. It is as follows: "Scientific reasoning of the mechanisms of growth of competitiveness of the Belarusian economy in the globalizing environment". 

This strategic research direction has been divided into the following subdirections:

• theory and methodology of the development of the national socio-economic model;
• institutional and financial mechanisms in the system of macroeconomic regulation;
• theory and mechanisms of building the efficient national innovative system;
• scientific basis for foreign economic strategy of Belarus;
• social processes in the economic development.

According to the above-mentioned subdirections the Institute will conduct research on the following subjects:

• scientific basis for modernization and improving competitiveness of the national economic model;
• development of theoretical basis for and mechanisms of achieving new quality of economic growth;
• macroeconomic regulation in the post-crisis model of economic development of Belarus: institutional, monetary and fiscal aspects;
• scientific basis for foreign economic strategy of Belarus;
• theoretical basis for and mechanisms of formation of efficient national innovative system;
• scientific basis for development of regional policy in the context of structural reforms in the Belarusian economy;
• elaboration of the theory of development of demographic and labour potentials in the light of new imperatives of world economic development;
• strategy of development of the services sector in Belarus.

The above-mentioned subjects of research are adopted for 2011-2015 in accordance with the priorities of socio-economic development of Belarus determined in the Programm of socio-economic development of the Republic of Belarus for 2011-2015, as well as with priority directions of basic and applied research in the Republic of Belarus for 2011-2015, affirmed by the decision of the Council of Ministers of Belarus on April 19, 2010.

Conducting cutting-edge research allows the Institute to secure its status of the leading research organization in Belarus, involved in elaboration of fundamental problems of economic theory and practices of economic regulation in different sectors of economy. It also allows to continue the development of scientific schools in economic theory, macroeconomics, innovation economics, world economy and international economic relations and regional economics.

The Institute of Economics provides scientific support for the government bodies on the issues of the socio-economic policies, implemented in Belarus and conducts applied research for the benefit of the business entities.